Which of the Following Described the Social Responsibility of Business

Which of the following statements best describes Corporate Social Responsibility. Every organ of the society contributes towards the success of a business.

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Truthfulness sincerity or frankness.

. Problems involving conflict between moral imperatives. A business must give a proper dividend to its shareholders or investors. A duty to engage in cause marketing d.

A Corporate social responsibility is a businesss concern for societys welfare in this case deserving families selected by the Habitat organization. Social responsibility is a moral obligation on a company or an individual to take decisions or actions that is in favour and useful to society. Corporate social responsibility b.

Which of the following best describes social responsibility. All of these answers I chose answer D because social. A firm that makes use of a ______ recognizes other stakeholders beyond investors employees and suppliers and explicitly acknowledges the two-way dialog that exists between a.

A broader view of social responsibility considers the long-term welfare of society. Everyones duty to maintain a balance between the ecosystem and the economy C. A corporations requirement to make as much profit as possible.

Environmental responsibility initiatives aim to reduce pollution and greenhouse gas emissions and the sustainable use of natural resources. The concept of corporate social responsibility CSR is founded on the assumption that firms should seek additional pro-social goals in addition to maximizing profits. No business exists in isolation.

Adoption by a business of a strategic focus for fulfilling the economic legal ethical and philanthropic responsibilities expected of it by its stakeholders. Social Responsibility of Business. A feeling of responsibility or remorse for committing a wrong.

It must provide a regular supply of good quality goods andor services to its consumerscustomers at reasonable prices. The piece remains as polarizing today as it was. A right to engage in social marketing ANS.

Social responsibility in business. Social responsibility is a means of achieving sustainability. Generally corporate social responsibility initiatives are categorized as follows.

Business Ethics and Social Responsibilities Quiz. Conducting business while balancing the companys behavior with societys expectations D. It must provide fair wages and salaries with good working conditions.

Natural law and moral relativism. In the business world the term corporate social responsibility CSR refers to acts and policies taken by companies that are intended to have a beneficial impact on society. Corporate social responsibility or CSR is a form of self-regulation that reflects a businesss accountability and commitment to contributing to the well-being of communities and society through.

An organization or individuals ethical ideology to benefit society through actions taken B. Which of the following describes the socioeconomic model of social responsibility. O a firm is obligated to act only in the economic interests of its shareholders O emphasizes profits as well as the effect of business decisions on society states that managers who concentrate on profit indirectly fulfil their social responsibilities society will benefit most.

A person whose behavior example or success is emulated by others especially by younger people. Adopting key social responsibility principles such as accountability and transparency can help ensure the long-term viability and success of any organization or system. A corporations obligation to society that goes beyond the requirements of the law and economics to take into account the social and environmental impact of its decisions.

The concept of social responsibility in relation to business means that the firm functions to accomplish its financial objectives and serves the society as well. Milton Friedmans essay The Social Responsibility of Business Is To Increase Its Profits was published in the New York Times 50 years ago. The social responsibility of a business is to make money within the rules of the game which of the two following groupings of ethical thought would you describe as opposites.

In todays cynical age social responsibility keeps the businesses honest and the markets stable. 2 Which of the following best describes social responsibility. Many organizations adopting a n ____ stance to social responsibility respond to requests for donations to Little League Girl Scouts and youth soccer programs.

History of social responsibility and quality. A corporations rights such as due process in a court of law freedom of speech and privacy Adoption by a business of a strategic focus for fulfilling the economic legal ethical and philanthropic responsibilities expected of it by its stakeholders A companys attempt to maximize its profits in order to benefit stockholders. Core subjects and key principles.

It is in the self-interest of the business to have a social responsibility as it opens opportunities for understanding the problems and issues of society. Friedman writes There is one and only one social responsibility of business to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game which is to say engages in open and. Social responsibility in business is commonly known as Corporate Social Responsibility or CSR.

Which of the following best describes ethics. Which of the following best describes social responsibility. Which of the following is a feature of economic model of corporate social responsibility CSR.

The Need for Social Responsibility. Being a socially responsible company can bolster a companys image and build its brand. Social responsibility empowers employees to leverage the corporate resources at their disposal to do good.

The social responsibility of business comprises of the following obligations. The stakeholder model of corporate social responsibility CSR views business as a citizen of the society in which it operates and like all members of a society business must conform to the normal range of ethical duties and obligations that all citizens face. A better environment for Business.

As it applies to business social responsibility is known as corporate social responsibility CSR and is becoming a more prominent area of focus within businesses due to shifting social norms.

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