According to the ________ argument on social responsibility, businesses should be socially responsible because responsible actions are the right thing to do.
A) public expectation
B) ethical obligation
C) public image
D) long-run profit

Question

Quizplus · Accepted Answer

The ethical obligation argument suggests that businesses have a moral duty to act in a socially responsible manner, rather than simply maximizing profits. This argument is based on the belief that businesses are not just economic entities, but also social institutions that have responsibilities to the communities in which they operate.

According to the ________ Argument on Social Responsibility, Businesses Should