
Research supporting Milton Friedman's view on CSR suggests that CSR is detrimental to an organization. Which of the following arguments is most likely to support this theory?
A) CSR is viewed negatively in many societies, and this leads to reduction in sales.
B) CSR reduces the brand value of an organization that leads to erosion of profits.
C) CSR involves extensive legal expenses that are detrimental to profits.
D) CSR leads to a substantial reduction in profits due to rising investment in the long run.
Correct Answer:
Verified
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