Knowee
Questions
Features
Study Tools

The term ________ refers to a business’s obligation to maximize its positive impact and minimize its negative impact on society.Multiple Choicesocial responsibilitysocial strategysocial ethicssocial rule

Question

The term ________ refers to a business’s obligation to maximize its positive impact and minimize its negative impact on society.Multiple Choicesocial responsibilitysocial strategysocial ethicssocial rule

🧐 Not the exact question you are looking for?Go ask a question

Solution

The term "social responsibility" refers to a business’s obligation to maximize its positive impact and minimize its negative impact on society.

Similar Questions

What is the term called when a business focuses on doing the right thing and acts in ways that are good for society, which go beyond its legal and economic obligations?A.Ethical mindsetB.Social responsibilityC.Social irresponsibilityD.Chain management

Business ethics is defined asMultiple Choicelegal and acceptable actions taken by the company’s management.principles and standards that determine acceptable conduct in business.personal ethics within the context of a business transaction.a business’s obligation to maximize its positive impact and minimize its negative impact on society.

Which of the following involves the activities and organizational processes adopted by businesses to meet their social responsibilities?Multiple Choicecodes of ethicscorporate citizenshipeconomic responsibilitysocial dominance

The obligation a business has to do what is best for society is called _________________ .Responsesstandard of living standard of living conflict of interest conflict of interest social responsibilitysocial responsibilitycapital

A business' concern for the welfare of society is calledMultiple Choicecorporate social responsibility.ethics.legal regulation.philanthropy.charitable giving.

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.