One argument against corporate social responsibility proposes that profit maximization ensures the efficient use of society's resources.

Question

Quizplus · Accepted Answer

The argument suggests that a company's primary responsibility is to maximize profits as it ensures the efficient utilization of society's resources. The idea is that if a company focuses on generating profits, it will be able to create more employment opportunities, increase research and development, and provide better services to its customers. This will ultimately benefit society as a whole. Therefore, corporations should prioritize profit maximization while also being mindful of the impact of their activities on society and the environment.

One Argument Against Corporate Social Responsibility Proposes That Profit Maximization