Which of the following statements is true of the stakeholder model of corporate social responsibility?

A. It is based on the premise that a business is a private property, and like any private property, the owners get to decide what to do with it.
B. It begins with the insight that every business decision affects a wide variety of people, benefiting some and imposing costs on others.
C. It assumes that compliance with the law is sufficient for being an ethically responsible business.
D. It appeals to such important ethical norms as utilitarianism and freedom because of its connection to the free enterprise system.


Answer: B

Business

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