Which of the Following Statements Is True About Social Responsibility

question 2

Multiple Choice

Which of the following statements is true about social responsibility?

• A)It is the managerial obligation to ensure the accountability of certain individuals in an organization through mechanisms that try to reduce or eliminate the principal-agent problem.
• B)It is the managerial obligation to cater to the needs of the stockholders,while abiding by the laws of society.
• C)It is the managerial obligation to take action that protects and improves both the welfare of society as a whole and the interests of the organization.
• D)It is the managerial obligation to abide to societal laws when pursuing organizational goals.
• E)It is the managerial obligation to ensure ethical decision making in an organization to benefit its customers.

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Definitions:

Hypertonic

Describes a solution with a higher solute concentration compared to another solution, causing cells to lose water by osmosis.

Methane Combustion

The chemical reaction in which methane gas reacts with oxygen to produce carbon dioxide, water, and energy.

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in air and is absorbed by plants in photosynthesis.

Passive Transport

Membrane-crossing mechanism that requires no energy input.