Corporation should be a socially responsible

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The executives of Home Depot Corporation are considering whether their corporation should be a "socially responsible" one and thus give money to local charities and get involved in civic and community events. Today, they would best be advised to:

a. Do nothing unless the law explicitly requires the company to be socially responsible.

b. Be extremely socially responsible regardless of the effect on the company's "bottom-line."

c. Be socially responsible in a smart, shrewd, strategic, and long-term sense (and let the media know about it!).

d. Do not even consider the issue, since social responsibility is merely an "academic" issue for business students to ponder over and has no "real-world" implications for modern day business.

Reference no: EM13297643

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