4 Which statement is correct regarding the application of the term \"social resp

Question

4 Which statement is correct regarding the application of the term "social responsibility" to business?
Answer

One social responsibility dilemma faced by corporate management at times is the proper nature and extent of a company's social responsibility activities in the community.

Most state legislatures in the U.S. have now compelled corporations to adopt detailed social responsibility codes.

Social responsibility is equivalent to Kant's Categorical Imperative ethical principle.

Under social responsibility analysis, the shareholder stakeholder group is paramount and absolute and the sole focus of any value analysis.

Explanation / Answer

Social responsibility is equivalent to Kant's Categorical Imperative ethical principle.

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