Arguments favoring social responsibility of business entities include all but which of the following?
A) Corporations are subject to a higher standard of accountability than are public bodies.
B) Limited liability granted to corporations carries a responsibility to contribute to society's betterment.
C) Corporate involvement in social causes makes good business sense.
D) The more responsibly companies act,the less regulation the government must provide.

Question

Quizplus · Accepted Answer

Corporations are not necessarily held to a higher standard of accountability than public bodies; in fact, public bodies often face more stringent transparency and accountability requirements due to their responsibility to the public and regulatory oversight. Choices B, C, and D all present valid arguments in favor of the social responsibility of business entities, such as the ethical obligation tied to limited liability, the business benefits of engaging in social causes, and the potential for responsible behavior to reduce the need for government regulation.

Arguments Favoring Social Responsibility of Business Entities Include All but Which