The Socioeconomic Model of Social Responsibility

Multiple Choice

The socioeconomic model of social responsibility

A) holds that society will benefit most when business is left alone to produce and market profitable products.
B) emphasizes that social responsibility is someone else's responsibility.
C) holds that a firm is legally obligated to act in the economic interests of its stockholders.
D) states that managers who concentrate on profit indirectly fulfill their social responsibilities.
E) emphasizes profits as well as the effect of business decisions on society.