Author Question: When the environment in which a successful company operates changes over time, the company's values ... (Read 109 times)

biggirl4568 · **on:** Jul 14, 2018

When the environment in which a successful company operates changes over time, the company's values change as well.

Indicate whether the statement is true or false

Question 2

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.