"Just as Individuals Have No Ethical Obligation to Contribute to Charity

question 37

Multiple Choice

"Just as individuals have no ethical obligation to contribute to charity or to do volunteer work in their community, business has no ethical obligations to serve wider social goods. But, just as charity is a good thing and something that we all want to encourage, business should be encouraged to contribute to society in ways that go beyond the narrow obligations of law and economics." Identify the model of CSR that reflects this line of thought.

• A)Integrative model
• B)Stakeholder theory
• C)Philanthropic model
• D)Social web model

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Definitions:

American Society

The complex social structure of the United States, characterized by diverse cultures, political opinions, and social norms.

Economic Failure

A situation where an economy fails to meet its expected goals or outcomes, leading to negative impacts such as recession, high unemployment, or significant financial losses.

Anti-Chinese Sentiment

Prejudice, hostility, or racism directed against people of Chinese origin or descent, often manifesting in social, political, and economic contexts.

Severe Economic Depression

A prolonged period of significant decline in economic activity across a country or the world, characterized by high unemployment, falling prices, and diminished trade.