The socioeconomic view of social responsibility says that management is not responsible for making profits.

Name: The socioeconomic view of social responsibility says that management is not responsible for making profits.
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The socioeconomic view of social responsibility acknowledges that management has a responsibility to make profits, but also has a broader social responsibility to consider the impact of their decisions on society as a whole.

The Socioeconomic View of Social Responsibility Says That Management Is