Research Supporting Milton Friedman's View on CSR Suggests That CSR

question 30

Multiple Choice

Research supporting Milton Friedman's view on CSR suggests that CSR is detrimental to an organization.Which of the following arguments is most likely to support this theory?

• A) CSR is viewed negatively in many societies and this leads to reduction in sales.
• B) CSR reduces the brand value of an organization that leads to erosion of profits.
• C) CSR involves extensive legal expenses that are detrimental to profits.
• D) CSR leads to a substantial reduction in profits due rising investment in the long-run.

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Definitions:

European Countries

Nations located on the European continent, characterized by diverse cultures, languages, and historical backgrounds, and many of which are members of the European Union.

Gays and Lesbians

Denotes individuals who identify as homosexual, meaning they are emotionally, romantically, or sexually attracted to people of the same gender.

Federal Employees

Are workers employed by the federal government of a country, often in various branches including civil service, military, and postal service.

Disloyal

Referring to a lack of loyalty or faithfulness, especially to a country, government, or cause.