Which of the Following Statements About Social Responsibility Is True

question 90

Multiple Choice

Which of the following statements about social responsibility is true?

• A)The three concepts of social responsibility are economic responsibility, internal social responsibility, and external social responsibility.
• B)Societal responsibility focuses on the obligations an organization has to its customers, employees, suppliers, and distributors.
• C)The duty of an organization is most easily understood at the societal responsibility level.
• D)The statement that the only duty of an organization is to earn a profit is consistent with the concept of profit responsibility.

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Definitions:

Population Parameters

Characteristics or measures that describe aspects of a population, such as its mean, variance, or standard deviation.

Wilcoxon Rank-sum Test

A non-parametric statistical test used to compare two independent samples to determine if they come from the same distribution.

Independent Samples

Two or more groups of samples that are not related or connected in any way in the context of an experiment or study.

Relative Frequency Distributions

A distribution where each value is expressed as a relative frequency or proportion of the total number of occurrences.