Roger, a bank manager, holds the economic model of social responsibility view. What is he most likely to say about the connection between taxes and social responsibility?
A) Because he is a responsible man, he pays his taxes and does not try to cheat the IRS.
B) Although taxes contribute to social welfare, it is only the beginning of his bank's responsibility to society.
C) Taxes are a required evil from which he sees very little benefit in his community.
D) By making a profit and paying taxes that meet the needs of society, Roger has fulfilled his social responsibility.
E) It is better to make a small profit and therefore pay less taxes than to contribute to social responsibility.

Question

Quizplus · Accepted Answer

The economic model of social responsibility suggests that a business fulfills its social responsibility by making a profit and paying taxes, which in turn support societal needs. This model emphasizes the role of business in contributing to society primarily through economic means. Roger, holding this view, would believe that by his bank making a profit and paying taxes, it has met its social responsibilities.

Roger, a Bank Manager, Holds the Economic Model of Social