The approach taken in the textbook primarily assumes that
A)CSR is taking over from generating profits as the primary corporate goal.
B)top managers determine the success of a firm by concentrating on short-term profits.
C)the "anglo-saxon" model of shareholder capitalism is the right one.
D)profit making firms are seeking to maximise profits for the owners over the long term.

Question

Quizplus · Accepted Answer

The approach taken in the textbook primarily assumes that profit-making firms are seeking to maximize profits for the owners over the long term. The textbook focuses on the traditional model of shareholder capitalism where firms' primary objective is to maximize profits for shareholders while acknowledging the importance of CSR in the long run. The other options are not aligned with the textbook's approach.

The Approach Taken in the Textbook Primarily Assumes That