Critics of the __________ perspective of social responsibility point to very large companies, such as Wal-mart, which is so huge that it influences prices and wages around the world, as reasons why companies should be concerned with more issues than to just maximize shareholder wealth.
A) stakeholder responsibility
B) public responsibility
C) philanthropic responsibility
D) economic responsibility
E) ethical responsibility

Question

Quizplus · Accepted Answer

The economic responsibility perspective focuses on the primary goal of businesses to generate profit and maximize shareholder wealth, often criticized for overlooking broader social impacts such as price and wage influences by large corporations like Wal-mart.

Critics of the __________ Perspective of Social Responsibility Point to Very