Which of the following arguments on social responsibility states that a business is socially responsible only when it pursues its economic interests?
A)public expectations
B)violation of profit maximization
C)superiority of prevention over cures
D)possession of resources

Question

Quizplus · Accepted Answer

This argument is known as the economic argument on social responsibility, which suggests that businesses should focus only on maximizing profits and fulfilling their economic objectives, rather than addressing broader societal concerns. Thus, a business is socially responsible only when it pursues its economic interests.

Which of the Following Arguments on Social Responsibility States That