The philanthropic perspective of the economic model holds that business has no strict obligation to contribute to social causes.
Answer the following statement true (T) or false (F)
True
The philanthropic perspective of the economic model holds that, like individuals, business is free to contribute to social causes as a matter of philanthropy. From this perspective, business has no strict obligation to contribute to social causes, but it can be a good thing when it does so.
You might also like to view...
Which element of intrinsic motivation is explained as the feeling of satisfaction and control we get from making efforts that do not rely on any external influences?
A. need for self-determination B. need for accomplishment C. need for competence D. need for self-achievement
According to the three-dimensional model of corporate performance presented by Archie Carroll, all of the following are questions that should be asked except
a. What components should be included in the definition of corporate social responsibility? b. What are the overall external social issues that the firm must acknowledge? c. How can the firm maximize profitability? d. How will the firm address the social issues that affect its operations?
A receiver's reaction to a message is strongly influenced by the sequence in which ideas are presented
Indicate whether the statement is true or false
When Robin and Rich ask for a client's financial statements in order to complete the data collection for their strategic management project, the owner of the business tells Robin that his accountants are "preparing the financials but these won't be ready for several months." The client instead suggests that Robin and Rich fabricate the financials instead, since what he "really wants is a marketing plan," and that "no one will ever know if you've seen the actual financials or not." Which of the following should NOT guide Robin and Rich in their decision whether or not to take this as an authorization to submit false data as part of their final report?
A. overzealous pursuit of personal gain, wealth, and other selfish interests B. their desire to complete the project, independent of their actual performance on the project C. a company or campus culture that places good business performance and good grades ahead of ethical behavior D. heavy pressures on students to meet or beat assignment deadlines E. the pervasiveness of immoral and amoral businesspeople