Which of the Following Is Not an Argument Against Corporate

question 41

Multiple Choice

Which of the following is not an argument against corporate social responsibility?

• A) Organisations control such large amounts of resources that they can destabilise national economies by moving these resources to another country and so their decision- making must be more transparent.
• B) It is not realistic to expect organisations to make their internal business public when they are trying to compete in global markets.
• C) The most efficient use of the world's resources results from the operation of free markets and so to constrain the movement of such resources would lead to inefficiency.
• D) Managers are trained to manage businesses not education, health and environmental policy. They do not have expertise in these areas. Politicians are elected for this purpose.
• E) Business organisations exist to make profits for shareholders and to use their resources to further the interests of groups other than the owners of the business would be an abuse of managerial power.

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Definitions:

Law

A set of rules created by the governing body of a society to maintain harmony, stability, and justice in that society.

Seller's Statement

A document provided by a seller detailing the financial transactions, including the sale price, applicable fees, and adjustments, involved in the sale of property or assets.

Anticipatory Breach

A breach that occurs when a party to a contract either expresses or clearly implies an intention not to perform the contract even before being required to act. Also called constructive breach.

Takamine Guitars

A Japanese company known for manufacturing acoustic guitars and pioneering the development of the acoustic-electric guitar.