The classical economic approach to social responsibility suggests each of the following EXCEPT:

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The classical economic approach does not make any specific claims about how intercollegiate athletics departments should be categorized; therefore, it does not suggest that they should not be considered organizations. Instead, the classical economic approach emphasizes that companies should focus primarily on generating profits for their owners or stockholders, and that management should limit their involvement in socially responsible activities that do not serve this goal. Additionally, the approach argues that requiring management to pursue socially responsible activities could be unethical, because it would be using resources that belong to other stakeholders for purposes that may not align with their interests.

The Classical Economic Approach to Social Responsibility Suggests Each of the Following