Societal Responsibility Refers to

question 157

Multiple Choice

Societal responsibility refers to

• A) the obligation that organizations have to the preservation of the ecological environment and the general public.
• B) the obligation of a firm to price its products or services at a level whereby the consumer is treated fairly and the firm is still able to make a profit.
• C) the view that an organization has an obligation to those who can affect the achievement of its objectives.
• D) the duty of a firm to maximize profits for its owners or stockholders.
• E) the idea that organizations are part of a larger society and are accountable to that society for their actions.

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Definitions:

Glue

A substance used to bind materials together by surface attachment, ranging from simple household uses to complex industrial applications.

Clicks

The act of pressing a button on a mouse or similar device to interact with digital content, also used to measure user engagement on websites.

Hits

In digital marketing, refers to the total number of visits or user engagements received by a website or web page.

Virtual Negotiation

A negotiation process carried out through electronic means, such as email, video conferencing, or virtual reality platforms, without face-to-face interaction.