Author Question: The classical view of organizational social responsibility is that management's only social ... (Read 93 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
The classical view of organizational social responsibility is that management's only social responsibility is to maximize profits.
 
  Indicate whether the statement is true or false.

Question 2

Director Estrella exhibits which of the following social responsibility views?
 
  A) social awareness
  B) socioeconomic view of social responsibility
  C) classical view of social responsibility
  D) social obligation


Anton

  • Sr. Member
  • ****
  • Posts: 302
Answer to Question 1

Answer: TRUE
Explanation: The classical view is hard to argue with. If a profit-making organization's goal is to make money for the stockholders, any activity that fails to maximize profits can be seen as cheating the stockholders.

Answer to Question 2

Answer: D
Explanation: Estrella is clearly demonstrating a sense of social obligation. He wants to follow the letter of the law, but doesn't seem to have great concern for social welfare since he is willing to cut corners on safety for the plant. Estrella is in a sense splitting the difference between the socioeconomic and classical views of social responsibility. Since a nuclear plant produces less pollution, he is advocating for social welfare somewhat, matching the socioeconomic view, but his corner-cutting also subscribes to the classical view, putting costs above all else. In the end, neither of these choices matches Estrella's actions nearly as well as social obligation. Finally, social awareness is not a defined management term in this text and so does not constitute a correct response.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

For a complete list of videos, visit our video library