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Today, many organizations are involved in social activities. Since the expectations of the society have changed, organizations have become more aware of their social responsibilities. A careful analysis of argument for and against the involvement of organizations in social welfare is necessary to determine whether an organization should implement social initiatives. Which of the following is an argument against Social Responsibility of Business?
  • a)
    Avoidance of government regulations
  • b)
    Balance of responsibility and power
  • c)
    Weakened international balance of payments
  • d)
    Favorable public image
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Today, many organizations are involved in social activities. Since the...
Weakened International Balance of Payments is an argument against Social Responsibility of Business.
Hence from above discussion, we can infer that option (c) is correct.Options (a), (b), (d) are all arguments for Social Responsibility of Business.
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Community Answer
Today, many organizations are involved in social activities. Since the...
Weakened International Balance of Payments is an argument against Social Responsibility of Business.
Hence from above discussion, we can infer that option (c) is correct.Options (a), (b), (d) are all arguments for Social Responsibility of Business.
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Today, many organizations are involved in social activities. Since the expectations of the society have changed, organizations have become more aware of their social responsibilities. A careful analysis of argument for and against the involvement of organizations in social welfare is necessary to determine whether an organization should implement social initiatives. Which of the following is an argument against Social Responsibility of Business?a)Avoidance of government regulationsb)Balance of responsibility and powerc)Weakened international balance of paymentsd)Favorable public imageCorrect answer is option 'C'. Can you explain this answer?
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