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Social Responsibility Is the Obligation of a Business to Maximize

question 117

True/False

Social responsibility is the obligation of a business to maximize the positive impact it has on society and to minimize the negative impact.


Definitions:

Quality of Life

The general well-being of individuals and societies, encompassing factors like health, happiness, education, and economic prosperity.

Source of Pleasure

An activity, person, or object that provides joy and satisfaction.

Work-Life Balance

The equilibrium between professional work and personal activities, ensuring both are prioritized and conflict is minimized.

Personal Needs

Basic requirements and desires that individuals seek to fulfill, such as physiological needs, safety, love, and esteem.

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