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Brittney McDaid
on Nov 01, 2024

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Some argue that ________ is actually in the long-term best interests of the corporation.This argument,referred to as ________,is based on the notion that socially responsible corporations benefit by creating ________ for themselves,thus motivating consumers to purchase their products,investors to buy their stock,and lawmakers to grant them further legal advantages.

A) profit maximization;social responsibility;goodwill
B) social responsibility;enlightened corporate self-interest;goodwill
C) profit maximization;enlightened corporate self-interest;goodwill
D) social responsibility;profit maximization;goodwill

Profit Maximization

The process or strategy focused on increasing the net profit of a business by either reducing costs, increasing revenue, or both.

Enlightened Corporate Self-Interest

A business philosophy suggesting that companies can achieve better long-term performance by acting in a socially responsible manner.

Goodwill

The expected continuance of public patronage of a business.

  • Investigate the importance of maintaining ethical standards in the planning of business strategies and corporate social responsibility efforts.
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Gabriel CucalonNov 07, 2024
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