Which one of the following arguments on social responsibility states that pursuing social goals hurts a business's economic productivity?
A) long-run profits
B) dilution of purpose
C) stakeholder interests
D) public image

Question

Quizplus · Accepted Answer

The argument that pursuing social goals hurts a business's economic productivity is mostly based on the dilution of purpose. This argument suggests that if a business focuses on social responsibility, it may divert resources away from its primary purpose of making profits, which could hurt its economic productivity. This argument assumes that social responsibility does not align with a business's purpose or that it is in conflict with the primary goal of maximizing profits.

Which One of the Following Arguments on Social Responsibility States