According to the Classical View of CSR, the Principal Obligation

question 102

Multiple Choice

According to the classical view of CSR, the principal obligation of management should be to _____.

• A) suppliers
• B) owners
• C) consumers
• D) future generations
• E) the state or local government

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Definitions:

Poor Families

Households with income levels below a designated poverty threshold, facing financial hardship.

State Industries

Industries that are owned, operated, or controlled by the government.

Profit-Focused

Refers to strategies or actions of a business that are primarily aimed at increasing its profits.

Direct Foreign Investment

Funding provided by an individual or a company based in one country to start or acquire business operations and assets in another country.