When It Comes to Social Responsibility,some People Feel That "Before

question 34

Multiple Choice

When it comes to social responsibility,some people feel that "before you can do good,you must do well".This reflects a firm's primary responsibility is to their what?

• A)customers.
• B)community.
• C)investors.
• D)employees.

Understand the basic concepts of human motivation and needs, including Maslow's hierarchy.

Comprehend the components and applications of Aristotle's three tools of rhetoric: ethos, pathos, and logos.

Identify practices of successful companies related to human resources, as highlighted by Jeffrey Pfeffer.

Apply knowledge of motivation and rhetoric in leadership and organizational contexts.

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Definitions:

Capitalism

An economic system characterized by private or corporate ownership of capital goods, investments determined by private decision, and prices, production, and the distribution of goods that are determined mainly by competition in a free market.

Laws of Supply

Economic principles stating that as the price of a good or service increases, the quantity supplied of that good or service rises, and vice versa.

Developed, Democratic Countries

Nations characterized by advanced economic development, democratic governance, and high levels of social welfare.

Market Economies

Economic systems where supply and demand from consumers drive the production, allocation, and distribution of resources.