Corporate Social Responsibility Occurs When Organizations ______

question 5

Multiple Choice

Corporate social responsibility occurs when organizations ______.

• A)use accounting standards,by considering the greater good of the widest possible community within which they exist
• B)seek to meet or exceed legal and normatively mandated standards,by considering the greater good of the widest possible community within which they exist
• C)engage in an open dialogue with their stakeholders and establish a code of conduct that guides their behaviour
• D)all of these

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Definitions:

Intensive Technology

Service technology that focuses the efforts and talents of many people to serve clients.

Flexible Manufacturing Systems

An approach to manufacturing that allows for the easy adaptation of production processes to changes in product type and quantity.

Flexibility

The ability to adapt or change according to different circumstances, requirements, or conditions, often considered a vital asset in both personal and organizational contexts.

Efficiency

The measure of how effectively resources are used to achieve a goal or outcome, with minimal waste of time, effort, and cost.