A Proponent of the Managerial Theory of Social Responsibility Would

question 22

Multiple Choice

A proponent of the managerial theory of social responsibility would argue that .

• A) managers should maximize profits and leave social responsibility to the government
• B) businesses should act carefully so as not to injure the fabric of society
• C) firms should seek to maintain the trust of internal and external constituents and interest groups, not just stockholders
• D) business managers and members of the board of directors should seek professional certification

---

Definitions:

Interstate Commerce

The trade, traffic, or transportation of goods, services, or money across state borders within the United States.

Antitrust Laws

Legislation designed to promote competition and prevent monopolies, oligopolies, and other practices that reduce market competition.

Microsoft

A global technology company known for its software products, including the Windows operating system and the Office suite.

Sherman Antitrust Act

A landmark federal statute passed in the United States in 1890 that outlawed monopolistic business practices.