Managers Who Have a Strong Commitment to Social Responsibility, an Eagerness

question 70

Multiple Choice

Managers who have a strong commitment to social responsibility, an eagerness to do more than the law requires and to use organizational resources to promote the interest of all organizational stakeholders is known as what type of approach to social responsibility?

• A)Proactive approach
• B)Accommodative approach
• C)Defensive approach
• D)Distributive justice
• E)Obstruction approach

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Definitions:

Prestige Price

A pricing strategy where prices are set higher than average to create a perception of the product being exclusive or of superior quality.

Customary Pricing

A pricing method based on traditional prices for goods and services, often influenced by consumer expectations or market history.

Fixed-price

An agreement where the price of a product or service is set and not subject to change.