Which of the Following Is an Argument Against Social Responsibility

Requires skills businesses may lack. Societal problems are caused by organizations and should therefore be fixed by those organizations.

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D There is potential for conflicts of interest.

. Creates an imbalance between corporate power and its economic responsibility. The companies that focus most on CSR are not successful businesses in the marketplace. Improves business value and reputation.

What are the arguments against social responsibility. They need not take up any additional obligations. Critics of the social responsibility concept put forward the following arguments.

A Spending money for social responsibility is spending the stockholders money for a general social interest. Hence from above discussion we can infer that option c is correct. One of main arguments for social responsibility is that public expectations from business have changed.

This statement argues that business exists only for maximizing profits and businesses fulfil their social responsibility best by maximizing profits by increasing efficiency and reducing costs. Which of the following is an argument against corporate social responsibility. Which of the following is an accurate argument against social responsibility for organizations.

There is no consensus on its meaning and scope. An argument against social responsibility in organizations is that. Improves business value and reputation D.

Violation of maximization of the profit motive. Arguments against corporate social responsibility CSR Some of the most commonly heard arguments against CSR you will hear include. A majority of stockholders are against it.

Arguments Against Social Responsibility. Answered Which of the following is an accurate argument against social responsibility for organizations. Pyramid of Corporate Social Responsibility successfully combines the purposes of the firm including the economic purpose of the firm as advocated by Friedman 1970 as well as philanthropic responsibilities of a firm arising from Corporate Citizenship highlighted in Real Entity Theory Dodd 1932.

Business lacks the resources needed to solve social programs. Creates an imbalance between corporate power and its economic responsibility C. Social problems affect society in general so individual businesses should not be expected to solve these problems.

Imposition of Business Values 5. If businesses do not act socially responsible government will create new regulations and levy fines against them. All of the following are arguments in favor of social responsibility except.

Inefficiency in the System 6. Conflict with Profit Motive 3. The greater the _____ the more likely it is that marketers will recognize a problem as unethical.

Businesses are owned by their shareholders - money spent on CSR by managers is theft of the rightful property of the owners. Arguments against increased social responsibility. CSR discourages government regulation d.

Business is an economic activity. Business is not a partner in our society unlike the government and the general population. Which one of the following is NOT one of the arguments against social responsibility as used by economist Milton Friedman.

Contrary to Basic Function of Business 2. Conflict with Profit Motive. Question 16 of 20 00 50 Points Which of the following is an argument against corporate social responsibility.

The companies that focus most on CSR are not successful businesses in the marketplace. It is argued by the opponents of social responsibility that basic function of a business enterprise is to look into economic viability of its operations. Businesses are owned by their shareholders - money spent on CSR by managers is theft of the rightful property of the owners.

Business can exist only with public support and only if business fulfills needs of society. Business managers are primarily responsible to stockholders so management must be concerned with providing a return on owners investments. Some of the most commonly heard arguments against CSR you will hear include.

Arguments against Social Responsibility Contrary to Basic Function of Business. The reputation of a business is injured when it acts socially responsible c. Which of the following statements is an argument against corporate social responsibility.

The following arguments will support the involvement of business in social activities. Which statement is an argument AGAINST corporate social responsibility. It is for the Government to look after interests of the society.

Distortion in Resource Allocation. Weakened International Balance of Payments is an argument against Social Responsibility of Business. The conflict in a story is usually about person against nature against another person or against The is department has responsibility for all of the following functions except ____________.

Operational Problems Conclusions Why should business be concerned about social responsibility. The sole responsibility of business is to maximize profits even if it breaks the law b. Business is not a partner in our society unlike the governme.

Distortion in Resource Allocation 4. Some analysts believe that a business should focus on making a profit and not environmental issues. Corporate social responsibility is limited on the following grounds.

Lack of Conceptual Clarity The concept of Social responsibility is very vague and amenable to different interpretations. Business does not create problems and should therefore not try to solve them. Arguments against Social Responsibility 1.

Which of the following statements is an argument AGAINST corporate social responsibility. Options a b d and e are all arguments for Social Responsibility of Business. For and Against Corporate Social Responsibility.

Imposition of Business Values. Requires skills businesses may lack B. In such a situation it would be futile as well as risky to accept social responsibility.

B Businesses can actually do very little in terms of social responsibility.

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