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The Rationale for Businesses to Act in a Socially Responsible

Question 71

Multiple Choice

The rationale for businesses to act in a socially responsible manner include all of the following reasons, with the EXCEPTION of


A) every action a company takes can be interpreted as a statement of what it stands for.
B) most business leaders can be expected to acknowledge that socially responsible actions and environmental sustainability are important and that businesses have a duty to be good corporate citizens.
C) in return for society granting a business a "license to operate" and not be unreasonably restrained in its pursuit of a fair profit, a business is obligated to act as a responsible citizen and do its fair share to promote the general welfare.
D) acting in a socially responsible manner is in the best financial interest of shareholders.
E) every business has a duty to do what's best for shareholders while operating honorably, provide good working conditions to employees, and be a good environmental steward.

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