Multiple Choice QuestionMilton Friedman, in his article "The Social Responsibility of Business Is to Increase Its Profits," suggests that Blank______.Multiple choice question.business has social responsibilities that go beyond the legal and economic ends for which it was createdcontrary to the title, the social responsibility of business is not to increase its profits but rather to invest them in societythe ethical responsibilities of managers are fulfilled when they pursue profit and increase shareholder wealththe legal restrictions on business should be removed as they prevent business from improving society

Multiple Choice QuestionThe primary responsibility of managers according to the economic model of corporate social responsibility is to Blank______.Multiple choice question.pursue profit within the bounds of the lawfulfill ethical responsibilities at great economic costmaximize charitablenessensure that all stakeholders in a business carry out ethical obligations

Multiple Choice QuestionThe economic model of corporate social responsibility is rooted in Blank______.Multiple choice question.totalitarianismanarchismsocialismutilitarianism

Multiple Choice QuestionAn example of ethical responsibilities to do good is a business Blank______.Multiple choice question.financing the construction of schools for the underprivileged in different parts of the worlddisposing of an entire batch of its products because they have been contaminated by leadsponsoring thousands of vaccinations for a deadly disease before it breaks outbeing restricted from marketing products that have been proven to trigger epileptic seizures

Multiple Choice QuestionThe philanthropic approach of the economic model of corporate social responsibility is common among Blank______.Multiple choice question.businesses that outsource all of their worksmall-scale, privately owned businessesexpatriate employeesmultinational corporations

Multiple Choice QuestionWhich model of corporate social responsibility asserts that shareholders are the center of a corporation and that management's ethical responsibility is to serve them?Multiple choice question.The economic modelThe stakeholder modelThe deregulatory modelThe socialist model