Question: Select the statement that does not challenge the narrow view of the economic model of corporate social responsibility. Group of answer choices Public goods such
Select the statement that does not challenge the narrow view of the economic model of corporate social responsibility. Group of answer choices Public goods such as a stable climate, clean air, and ocean fisheries have no established market price. The "costs" of pollution are typically borne by parties external to the economic exchange, so free market exchanges cannot guarantee optimal results. Important ethical and policy questions can be missed if policy decisions are left solely to the outcome of individual decisions. Business's only responsibility is to maximize profit within the law, and in so doing, fulfills its role within a market system, which, in turn, serves the greater overall social good
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