Zoe believes that businesses should act in a manner that benefits all of society, just as courts, universities, and governments do. Which of the following theories of social responsibility is associated with Zoe's beliefs?

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The institutional school of responsibility holds that businesses have a responsibility to act in a manner that benefits all of society, similar to institutions like courts, universities, and governments. This aligns with Zoe's beliefs. The profit-oriented and managerial schools of responsibility place a greater emphasis on maximizing profits and meeting the needs of shareholders. The regulation school of responsibility emphasizes the need for external regulation to ensure businesses act in a socially responsible manner.

Zoe Believes That Businesses Should Act in a Manner That