A business that is concerned solely with the financial implications of alternate courses of actions is applying which theory of the social responsibility of business?

Question

Quizplus · Accepted Answer

The theory of maximizing profits focuses solely on the financial implications of alternate courses of action and is a narrow view of social responsibility of business. Under this theory, businesses are only responsible for making profits for their shareholders and are not concerned with broader social or environmental issues.

A Business That Is Concerned Solely with the Financial Implications