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What is it called when a company acts on its social responsibilities regarding what the law requires them to do?A.Social obligationsB.SocialC.Socially responsiveD.Socially responsible

Question

What is it called when a company acts on its social responsibilities regarding what the law requires them to do?A.Social obligationsB.SocialC.Socially responsiveD.Socially responsible

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Solution

The term for when a company acts on its social responsibilities beyond what the law requires them to do is D. Socially responsible. This means that the company is taking additional steps to positively impact society, including making decisions that enhance the welfare of their employees, the community, and the environment.

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An organisation’s obligation to act to protect and improve society’s welfare as well as its own interests is referred to as Organisational social responsibility Organisational social responsiveness Corporate obligation Business ethic

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