According to the socioeconomic view, managers' social responsibilities go beyond making profits to include protecting and improving society's welfare.

Question

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The socioeconomic view holds that managers have a responsibility to not only pursue profits, but also to consider and improve the well-being of society as a whole. This includes taking into account factors such as environmental impact, community development, and employee welfare, among others.

According to the Socioeconomic View, Managers' Social Responsibilities Go Beyond