What Is Social Responsiveness? Identify the Four Strategies That Can

question 83

Essay

What is social responsiveness? Identify the four strategies that can be used to respond to social responsibility problems. How do these strategies differ? Use the relationship between social responsibility and economic performance to explain why a company might choose one strategy over another in a given set of circumstances.

---

Definitions:

Null Hypothesis

A statement used in statistical testing which suggests that there is no significant effect or difference.

Directional Research Hypothesis

A hypothesis that predicts not only that a relationship exists between variables but also the direction of that relationship.

Sampling Error

The discrepancy between a sample statistic and the corresponding population parameter that arises due to chance.