Which of the following statements is in agreement with the socioeconomic view of corporate social responsibility?
A) Financial improvement can be achieved by being socially responsible.
B) The primary responsibility of business is to maximize business profits.
C) By acting responsibly, businesses avoid government regulation.
D) Businesses must be concerned with the broader social concerns and not just with corporate profits.
E) Society is served best when businesses are allowed to maximize their profits.
Correct Answer:
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