Which of the following best describes the trend in social responsibility models used by companies?
A) Most companies are changing from a socioeconomic approach to an economic approach to social responsibility.
B) There has really been no pattern of change over the last century because most companies take a socioeconomic approach.
C) There has been a sporadic shift back and forth between the economic and socioeconomic model as the best business solution.
D) Relatively little transformation has left the economic model as the philosophy for most businesses.
E) More companies have been bypassing the economic model in favor of the socioeconomic model in recent years.

Question

Quizplus · Accepted Answer

More companies have been adopting the socioeconomic model, which integrates social and environmental concerns in business operations and in their interaction with stakeholders on a voluntary basis, reflecting a broader trend towards corporate social responsibility.

Which of the Following Best Describes the Trend in Social