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5 Cards in this Set
- Front
- Back
Society requires that businesses act in ethically responsible ways.
T/F |
False |
|
The reason that classical economists argue against corporate social responsibility is because they see management’s responsibility as maximizing profits for the owners of the company.
T/F |
True |
|
It is not difficult for managers with a short-range outlook to fully appreciate that their rights and roles in the economic system are determined by society. T/F |
False |
|
The social responsiveness dimension of the corporate social performance model can be viewed as the activity phase of management’s response in the social sphere.
T/F |
True |
|
The corporate social performance model indicates that social responsibility is not connected to corporate financial performance.
T/F |
False |