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

question 19

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 to rising investment in the long run.

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Definitions:

At Will

An employment agreement allowing the employer or employee to end employment at any time, for any reason, or for no reason, without prior notice.

Industrialized Countries

Refers to nations with significant levels of industrial activity, often characterized by high GDP per capita and extensive manufacturing and service sectors.

Arbitrary Dismissal

The termination of an employee's contract without just reason or through a process lacking fairness and due process.

Broad Protections

Wide-ranging safeguards that are implemented to ensure the safety, rights, and interests of individuals or groups.