According to the _____, the only social responsibility that businesses have is to maximize profits.
A) economic model
B) stakeholder model
C) shareholder model
D) accounting model

Question

Quizplus · Accepted Answer

The shareholder model, also known as the shareholder primacy model, asserts that the primary responsibility of a business is to maximize profits for its shareholders. This model assumes that maximizing shareholder value will ultimately benefit all stakeholders in the long run.

According to the _____, the Only Social Responsibility That Businesses