Which argument for social responsibility puts forth the belief that an imbalance between the large amount of power held by firms and their responsibility is harmful to the public good?
A) balance of responsibility and power
B) public expectation
C) public image
D) ethical obligation

Question

Quizplus · Accepted Answer

The argument for social responsibility that puts forth the belief that an imbalance between the large amount of power held by firms and their responsibility is harmful to the public good is the balance of responsibility and power. This argument asserts that firms have a duty to use their power and resources for the benefit of society and not just for their own profits. Failure to do so can result in negative consequences for both the company and the public.

Which Argument for Social Responsibility Puts Forth the Belief That