1) The classical view of organizational social
1) The classical view of organizational social
1)The classical view of organizational social responsibility is that management’sonly social responsibility is to maximize profits.
2)The most outspoken advocate of the classical view of organizational socialresponsibility is Milton Friedman.
3)In the socioeconomic view of organizational social responsibility, maximizingprofits is not a company’s only priority.
4)Socially responsible businesses tend to have less-secure long-run profits.
5)One argument against businesses championing social responsibility issues isthat businesses already have too much power.
6)Possession of resources is an argument for social responsibility.
7)A business has fulfilled its social obligation when it meets economic, legal,and ethical obligations.
8)The difference between an organization’s social obligation and socialresponsiveness is the legal aspect.
9)Though the outcomes are not perfectly measured, the majority of researchstudies show a positive relationship between corporate social involvement andeconomic performance.
10)Socially responsible mutual stock funds may offer insight into the issue ofsocial responsibility and economic performance.
11)Socially responsible mutual stock funds use some type of greening ofmanagement.
12)The term “shades of green” refers to the level of environmentalresponsibility that a company has.
13)The market approach to going green is when organizations respond to multipledemands of stakeholders.
14)The activist approach to going green is when an organization looks for ways torespect and preserve the earth and its natural resources.
15)A company that displays an ability to effectively manage environmental andsocial factors may be named as one of the 100 most sustainable corporations inthe world.
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