Which of the following statements is true of the stakeholder model of corporate social responsibility?
A) It is based on the premise that a business is a private property, and like any private property, the owners get to decide what to do with it.
B) It appeals to such important ethical norms as utilitarianism and freedom because of its connection to the free enterprise system.
C) It assumes that compliance with the law is sufficient for being an ethically responsible business.
D) It begins with the insight that every business decision affects a wide variety of people, benefiting some and imposing costs on others.
Correct Answer:
Verified
Q1: In which of the following ideas are
Q2: The management of an online retailer is
Q3: Which of the following statements does not
Q5: The free market, or neoclassical, theory of
Q6: To use a company's resources for a
Q7: If the costs of externalities like air
Q8: There is no reason to believe that
Q9: According to the private property defense of
Q10: Bowie's Kantian model of corporate social responsibility
Q11: The stakeholder theory of corporate social responsibility
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents