Home › Bihar Board Class 12 (Commerce) › Business Studies › Social Responsibility of Business and Business Ethics › Which is an argument against social responsibili…
Which is an argument against social responsibility?
ALong-term interest of firm
BViolation of profit objective
CMaintenance of social order
DAvailability of resources
Answer & Solution
Correct answer: B. Violation of profit objective
Critics argue business exists only for profit, so social responsibility conflicts with that objective.
Related questions
Audits and reporting systems for unethical acts areWhich element of business ethics requires the CEO to openly back ethical conduct?A written document laying down an organisation's ethical rules is calledWhich is an example of business ethics?The word 'ethics' is traced to a Greek word meaningThe Wildlife Protection Act was enacted in which year?Which law of 1986 protects the environment?Which is a business step for environmental protection?