Question

Johnson Brothers Manufacturing believes​ that, although making a profit is​ important, it also has an obligation to its​ customers, employees,​ suppliers, and society as a whole. This demonstrates the​ ________ view of social responsibility.

Answer 1

Answer:

E. socioeconomic

Explanation:

Options are:

A. classical

B. humanitarian

C. philanthropic

D. fiscal

E. socioeconomic

According to the Socioeconomic view of social responsibility, a company's priority has to be the wellbeing of its employees and society, that includes its valuable customers and suppliers. This means that the main priority, in contrast to other companies, is not the profit. This gives a much better image to the company in front of the general public, allowing it to be more successful in most cases.

A company reaches this view successfully when it provides benefits to society. For example, by supporting associations, including sustainability to its processes, allowing employees to have a balanced work/social life, etc.