Theory of business social responsibility

Reference no: EM13338578

1. The theory of business social responsibility that holdsthat a business owes duties solely to produce the highest returnfor its shareholders is:

A. The moral minimum theory.

B. The social audit theory.

C. The stakeholder interest theory.

D. The maximizing profits theory.

E. The corporate citizenship theory.

2. Which social responsibility theory has been advocated byNovel Prize winning economist Milton Friedman?

A. Stakeholder interest

B. Corporate citizenship

C. Corporate social audit

D. Moral minimum

E. Maximizing profits

Reference no: EM13338578

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