Question

The idea of corporate social responsibility is irrelevant when private profits are aligned to public interests. (From reading 11) Group of answer choices True False

Answer 1

TRUE

Step-by-step explanation:

The idea of Corporate social responsibility is irrelevant when private profits are aligned to public interest because the sole aim of Corporate social responsibility is to contribute to societal goals in a charitable nature or support volunteering .

Therefore their idea will be un-useful where private profits and public interests are aligned because Companies that simply do everything they can to boost profits will end up increasing social welfare and they won't engage in practices that aren't profitable to them

Answer 2

True.

Step-by-step explanation:

When companies are initiating measures to boost profits for public interest, the public social welfare is increased. Companies do represent that the purpose of their business is not only to raise profits but also to serve society and their welfare. The statement is therefore true corporate social responsibility is not relevant when profits of organizations are aligned to the public interests.