The view that businesses are a social and legal construct and not purely private institutions is consistent with:
A) Social movement unionism.
B) The shareholder model of corporate governance.
C) The corporate social responsibility perspective.
D) Profit maximization as the only True business concern.

Question

Quizplus · Accepted Answer

The corporate social responsibility perspective acknowledges that businesses have a responsibility to society beyond simply maximizing shareholder profits. It recognizes that businesses are socially and legally constructed entities that exist within a larger social context, and therefore have obligations to the community and environment in which they operate.

The View That Businesses Are a Social and Legal Construct