The____________ Model Holds That the Only Social Responsibility That Businesses

question 33

Multiple Choice

The____________ model holds that the only social responsibility that businesses have is to maximize profit.

• A) economic
• B) stakeholder
• C) shareholder
• D) accounting
• E) fiscal

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Definitions:

Legitimate Profit

Earnings obtained through legal and ethical business practices, reflecting a fair exchange of value.

Better Place

Can refer to initiatives or efforts aimed at improving conditions in a particular area or community, leading to a more positive and sustainable environment.

Whistle-Blowing

Whistle-blowing involves reporting unethical, illegal, or harmful practices by individuals or organizations, typically to protect public interest.

Free Expression

The right to express one's ideas and opinions freely through speech, writing, and other forms of communication without fear of censorship or punishment.