Which Level of Social Responsibility Centers on Making Sure Creditors

question 68

Multiple Choice

Which level of social responsibility centers on making sure creditors are paid,a strong competitive advantage is maintained,and operations are efficient?

• A) Economic responsibility
• B) Legal responsibility
• C) Ethical responsibility
• D) Philanthropic responsibility

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Definitions:

Stateless Companies

Businesses that operate globally without being primarily affiliated or located in a single country.

Transnational

Pertaining to or operating across national borders, often used to describe corporations, investments, or activities that are not confined to a single country.

Transnational Company

A multinational corporation that operates across multiple countries, maintaining significant operations and management in more than one country.

Centralized Authority

An organizational structure where decision-making and control are concentrated at the top levels of management, with little delegation of authority to lower levels.