BBA 2010 UNIT VII STUDY / TUTORIALOUTLET DOT COM BBA 2010 UNIT VII STUDY / TUTORIALOUTLET DOT COM | Page 4
automobile manufacturers behaving in a responsible manner in the
design of vehicles in the public’s best
interest.
Historical Perspective of Corporate Social Responsibility
From a historical perspective, the classical view of business stems
from the classical economic model. This
classical view held that the marketplace satisfies the needs of society
through the production of goods and
services. The role of business within the marketplace is to respond to
the demands of society by providing for
the needs and wants. As such, the business is rewarded for its ability
to provide what society needs