Identify a true statement about the philanthropic perspective of the economic model of corporate social responsibility.
A. It recognizes that every business decision imposes costs on someone and mandates that those costs be acknowledged.
B. This approach is especially common with small, privately owned businesses where the owners also often play a prominent leadership role within their local community.
C. It argues that business has an ethical duty to respect the rights of consumers to such things as safe products and truthful advertising, even when not specified in law.
D. This approach holds that as long as managers comply with the moral minimum and cause no harm, they have a responsibility to maximize profits.
Answer: B
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