Final answer:
Among the options provided, donating a portion of profits to charity reflects a socially responsible action by an organization, as it demonstrates a commitment to positively impacting society beyond just maximizing profits. The correct option is B.
Step-by-step explanation:
The socially responsible action by an organization among the given options is B) Donating a portion of profits to charity. This action demonstrates a commitment to corporate social responsibility (CSR), which goes beyond mere profit maximization to include positive societal impact.
Profit maximization for shareholders, as argued by economists like Milton Friedman, places the responsibility on government to regulate corporate actions. However, socially responsible corporations take proactive steps to benefit stakeholders, which include not only shareholders but also employees, customers, and the community.
Maximizing shareholder profits is typically the primary focus of businesses, but it does not necessarily reflect social responsibility. Reducing employee wages and avoiding taxes through loopholes are actions that cater to increasing profits but may be to the detriment of society and do not constitute socially responsible behavior.
On the other hand, donating to charity represents an action that benefits the community and thus aligns with the principles of social responsibility. The correct option is B.