A leading proponent of the classical view argues that any time managers decide to spend their organization's resources for "social good" they are ________.
A)complying with government regulations
B)helping to make society a better place for everyone to live
C)adding to the costs of doing business
D)promoting a positive corporate image

Question

Quizplus · Accepted Answer

According to the classical view, the primary responsibility of managers is to maximize profits for shareholders. Therefore, any decision to spend resources on social causes would be seen as adding to the costs of doing business, rather than as a desirable action for promoting social good.

A Leading Proponent of the Classical View Argues That Any