Which of the Following Is an Argument Used to Support

question 39

Multiple Choice

Which of the following is an argument used to support corporate social responsibility (CSR) ?

• A) The free market,not companies,should decide what is best for the world.
• B) CSR can be a profitable undertaking.
• C) Businesses are not responsible for social or environmental problems.
• D) Businesses don't have the expertise to make social decisions.
• E) All of the above are arguments used in support of CSR.

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Definitions:

Utility

A measure of satisfaction, usefulness or pleasure a consumer obtains from consuming a good or service.

Redistribution of Income

A policy or practice by which income is redistributed from wealthier segments of society to poorer ones through mechanisms like taxation and government spending.

Income Distribution

The way in which a nation’s total income is spread among its population, often analyzed to understand the extent of economic inequality.

Incentives to Produce

Factors or motivations that encourage firms or individuals to increase the production of goods or services.