Which of the Following Statements Is True About the Philanthropic

question 75

Multiple Choice

Which of the following statements is true about the philanthropic model of corporate social responsibility?

• A)This model holds that business has no strict obligation to contribute to social causes, but it can be a good thing when they do so.
• B)This model views business as a citizen of the society in which it operates and, like all members of a society, business must conform to the normal ethical duties and obligations.
• C)This model begins with the recognition that every business decision affects a wide variety of people, benefiting some and imposing costs on others.
• D)This model holds that a firm's financial goals must be balanced against, and perhaps even overridden by, environmental considerations.

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Definitions:

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