The Approach That Justifies Corporate Expenditure on Socially Responsible Activities

question 3

Multiple Choice

The approach that justifies corporate expenditure on socially responsible activities by suggesting that there is an implied social contract between a company and society that ensures the company's validity and survival as long as its activities are consistent with society's values is:

• A) enlightened self-interest
• B) stakeholder management strategy
• C) legitimacy theory
• D) ethical universalism

---

Definitions:

Stable Ways

Enduring patterns or methods of behavior, thought, or emotion that are consistent over time and situations.

Gender Socialization

The process through which individuals learn and acquire behaviors and attitudes deemed appropriate for their gender based on cultural norms.

Childlike, Feminine

Qualities or characteristics that are traditionally associated with being young or typically feminine in nature.

Businesslike

Having qualities or characteristics of efficiency, pragmatism, and focus on the objectives typically associated with business practices.