Elena is the CEO of a small manufacturing firm. She is concerned with meeting the investment objectives of the firm's shareholders and sees no value in corporate social responsibility. Elena's attitude isa. insupportable in the 21st century
b. consistent with the views of other critics of corporate social responsibility
c. typical of nearly all manufactures
d. a reaction to regulatory directive of the US government

Question

11-09-2019
Business

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Elena is the CEO of a small manufacturing firm. She is concerned with meeting the investment objectives of the firm's shareholders and sees no value in corporate social responsibility. Elena's attitude isa. insupportable in the 21st century
b. consistent with the views of other critics of corporate social responsibility
c. typical of nearly all manufactures
d. a reaction to regulatory directive of the US government

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Nyctalus Nyctalus · Answer 1 · 2019-09-19T10:33:32+02:00

Answer: Option B

Explanation: Corporate social responsibility refers to the concept that if a business is operating in a society than it also have some responsibility towards it. It states that business takes resources from the society and must return the favor in some way.

But there are some critics of this concept that states that nothing is provided by the society for free and the entrepreneur pays sufficient for such resources and services. Thus extra effort is not needed for the betterment of society.

Hence we can conclude that the correct option is B .