Question

which of the following statements is true about the economic model of csr? multiple choice it recognizes that every business decision imposes costs on someone and mandates that those costs be acknowledged. it holds that businesses should fully integrate economic and social goals by bringing social responsibilities into the core of their business model. it places shareholders at the center of the corporation and suggests that the ethical responsibility of management is to serve those shareholders. it holds that businesses have social responsibilities beyond the economic and legal ends for which they were created.

Explanation:

The economic model of Corporate - Social Responsibility (CSR) focuses on the idea that businesses should primarily focus on economic goals while also acknowledging that their decisions can have impacts on others. It recognizes that business decisions impose costs on someone and mandates that those costs be acknowledged. The other options describe different models or aspects of CSR. For example, placing shareholders at the center is more related to the shareholder - primacy view, and fully integrating social goals is more in line with a more comprehensive CSR approach.

Answer:

It recognizes that every business decision imposes costs on someone and mandates that those costs be acknowledged.