Under the Maximizing Profits Theory of the Social Responsibility of Business,it

question 45

True/False

Under the maximizing profits theory of the social responsibility of business,it is improper for a business to undertake charitable acts for the benefit of society if doing so reduces profits.

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Definitions:

Human Relations Era

The human relations era supplanted scientific management as the dominant approach to management during the 1930s.

Hawthorne Studies

A series of productivity experiments conducted from 1924-1932, which found that worker productivity increased under varying levels of light due to the psychological stimulus of being studied.

HR Training

The process by which employees are educated and developed to enhance their job skills and organizational knowledge.

Line Managers

Are those directly responsible for creating goods and services.