John owns Marine Brewery and hires Beth to advise him on business decision making. Beth is very aggressive and believes that society is best served when seek a competitive advantage and that ethical violations will harm the companies, always advises John in a manner that focuses on finding that competitive advantage. Beth employs which type theory of corporate social responsibility?

Question

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Beth's approach aligns with the "invisible hand" theory, which suggests that businesses, by pursuing their own self-interest and seeking competitive advantages, will inherently benefit society as a whole. This concept is often associated with Adam Smith and the idea that ethical considerations are secondary to the pursuit of economic success.

John Owns Marine Brewery and Hires Beth to Advise Him