Social Auditing Is a Systematic Assessment of the Effects an Enterprise

question 21

True/False

Social auditing is a systematic assessment of the effects an enterprise has on society that are not covered in the traditional financial reports.

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Definitions:

Mass Society Theory

A sociological perspective that suggests modernization leads to the deterioration of traditional forms of social organization, resulting in a less cohesive society.

Stanley Cup Riot

A public disturbance or riot that occurred in response to events related to the Stanley Cup, the championship trophy awarded annually in the National Hockey League.

Relative Deprivation Theory

A theory that individuals or groups assess their well-being based on comparisons with others, feeling deprived if they perceive themselves worse off.

Bureaucratization

The increase and imposition of complex administrative rules, procedures, and structures within an organization or society.