There Are Three Concepts of Social Responsibility, Each Relating to Particular

question 137

Multiple Choice

There are three concepts of social responsibility, each relating to particular constituencies. Stakeholder responsibility is characterized by

• A) the triple bottom line, to achieve sustainable, long-term growth.
• B) a focus on the obligations an organization has to those who can affect achievement of its objectives.
• C) an engagement in open and free competition without deception or fraud.
• D) an unrelenting customer focus.
• E) a focus on seller-oriented outcomes.

---

Definitions:

Japanese Yen

Japan's designated legal tender, marked by the symbol ¥, and a highly traded currency in the international forex market.

Risk-Free Rate

The assumed yield an investment would generate if it carried no risk, often indicated through government bond yields.

Inflation Rate

The velocity at which the comprehensive price index for goods and services rises, lessening monetary value.

Payment

An amount of money paid by one party to another in exchange for goods, services, or to fulfill a contractual obligation.