A proponent of the managerial theory of social responsibility would argue that ________
A) managers should maximize profits and leave social responsibility to the government
B) businesses should act carefully so as not to injure the fabric of society
C) firms should seek to maintain the trust of internal and external constituents and interest groups, not just stockholders
D) business managers and members of the board of directors should seek professional certification
C
You might also like to view...
Which type of incentive plans are used to reward individual performance?
A. Scanlon plan B. merit pay C. profit sharing D. stock ownership E. gainsharing
Aromas Inc introduced a new line of shower gels. To analyze consumer reaction, the company interviewed people who bought them. When Sarah was asked why she had chosen the new shower gel, she said she bought it because a friend recommended it
Sarah is at which level of the BrandDynamics Pyramid? A) presence B) bonding C) relevance D) performance E) advantage
Why should managers become culturally sensitive?
A. The workforce is increasingly more culturally diverse B. They are working in a global economy C. U.S. business values are universal D. Both the workforce is increasingly more culturally diverse and they are working in a global economy are correct
What are the benefits of ISO certification?
What will be an ideal response?