_____ helps companies embrace the idea that profit and prosperity must go hand in hand with social justice and environmental stewardship.

Question

Quizplus · Accepted Answer

Conscious capitalism is a business model that puts an emphasis on the idea that companies should not only focus on maximizing profits for shareholders but also on creating positive impacts on society and the environment. This approach aligns with the idea that profit and prosperity should go hand in hand with social justice and environmental stewardship. Therefore, option C is the correct answer. Social contract refers to the implicit agreement between individuals in a society, while stakeholder theory emphasizes the idea that companies should consider the interests of all stakeholders, not just shareholders. Virtue ethics and deontology are ethical theories that focus on character traits and rules, respectively, but they do not directly relate to the concept of conscious capitalism.

_____ Helps Companies Embrace the Idea That Profit and Prosperity