Mike's Bikes is a bicycle sales and repair shop in a small city. It sells new and used bikes with a narrow profit margin and does repairs at minimal costs. Frequently, if a child comes into the shop with a broken part or a flat tire, Mike's makes the repair for free if the child has no money. Mike's also provides a free one-hour repair class for those who want to learn how to fix their bikes. At large local organized bike rides Mike's provides free services, asking only for voluntary donations. Which theory of corporate social responsibility is Mike's exhibiting?
A) the narrow view, or invisible hand theory
B) the moderate view, or government's hand theory
C) the hybrid view, or citizen's hand theory
D) the broad view, or management's hand theory
Correct Answer:
Verified
Q62: When a company is developing a code
Q62: What ethical lapses was Arthur Andersen guilty
Q65: In Grimshaw v.Ford Motor Company,Ford was found
Q70: George is 85 years old and Grace,
Q72: Name the five-step process that a manager
Q72: Assume that you have money you'd like
Q73: You are the CEO of a major
Q75: Why is the case of Grimshaw v.Ford
Q76: The triple bottom line in the perspective
Q79: Each of the following is a key
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents