Sam believes that corporations should focus on business and that the government should pay the associated social cost with the money generated as tax. Which of the following theories of social responsibilities is best associated with Sam's beliefs?

Question

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The profit-oriented school of responsibility posits that the primary responsibility of a corporation is to its shareholders, and its main goal should be to maximize profits. This view aligns with Sam's belief that corporations should focus on business, while the government handles social costs through taxation.

Sam Believes That Corporations Should Focus on Business and That