Some argue that ________ is actually in the long-term best interests of the corporation.This argument,referred to as ________,is based on the notion that socially responsible corporations benefit by creating ________ for themselves,thus motivating consumers to purchase their products,investors to buy their stock,and lawmakers to grant them further legal advantages.

Question

Quizplus · Accepted Answer

The argument presented here is based on the idea of "enlightened corporate self-interest", which suggests that corporations can benefit in the long-term by being socially responsible. By creating goodwill among consumers, investors, and lawmakers, socially responsible corporations can ultimately secure further advantages and opportunities for themselves. This perspective contrasts with the narrower focus on profit maximization, which does not necessarily take into account the long-term consequences of potentially harmful or unethical business practices. Therefore, the best choice is B.

Some Argue That ________ Is Actually in the Long-Term Best