The social responsibility of an organisation is to use its resources and engage in activities designed to increase its profits, as long as it engages in open and free competition and without fraud and deception. If the organisation in making a profit, it would then be able to fulfil its social responsibility of employing people in society with a decent wage and it would be able to pay taxes to the state, which could provide the services required by society is the argument of _________ which is known as the Oa. Archie Carroll; broad view of corporate social responsibility Ob. R. Edward Freeman; stakeholder theory Oc. Milton Friedman; social contract d. Milton Friedman; narrow view of corporate social responsibility

The social responsibility of an organisation is to use its resources and engage in activities designed to increase its profits, as long as it engages in open and free competition and without fraud and deception. If the organisation in making a profit, it would then be able to fulfil its social responsibility of employing people in society with a decent wage and it would be able to pay taxes to the state, which could provide the services required by society is the argument of _________ which is known as the Oa. Archie Carroll; broad view of corporate social responsibility Ob. R. Edward Freeman; stakeholder theory Oc. Milton Friedman; social contract d. Milton Friedman; narrow view of corporate social responsibility

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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