Multiple Choice
Identify the letter of the choice that best completes the statement or answers the question.
____ 9. Which view of Social Responsibility says the sale of products should be a win-win deal for businesses and consumers?
| a. | Classical View | c. | Shared View |
| b. | Socio-Economic View | d. | None of the Above |
____ 10. Which view of Social Responsibility says businesses exist to make a profit for their owners?
| a. | Classical View | c. | Shared View |
| b. | Socio-Economic View | d. | None of the Above |
9) The correct choice is d
Explanation : – The classical view of CSR is that business should focus on pursuit of profits. The socioeconomic view of CSR is that business should focus on contributions to society and not just profits. The shared value approaches business decisions with understanding that economic and social programs and interconnected.
10) The correct choice is a
Explanation : – The classical view of CSR is that business should focus on pursuit of profits.
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