Which approach to corporate social responsibility (CSR) assumes that there are no external consequences to the actions of the corporation and its managers?

Question

Quizplus · Accepted Answer

The instrumental approach to CSR assumes that the only consequence of a corporation's actions is the financial impact on the company itself. It does not consider any external impact on society or the environment. This approach focuses solely on maximizing profits and benefits for the corporation and its shareholders. Therefore, the instrumental approach does not take into account any social or environmental responsibilities that a corporation may have.

Which Approach to Corporate Social Responsibility (CSR) Assumes That There