What Are the Responsibilities of a Firm, with Regards to Corporate

question 4

Multiple Choice

What are the responsibilities of a firm, with regards to Corporate Social Responsibility? Order from MOST importance to LEAST importance:

• A)Economic, Ethical, Legal, Philanthropy
• B)Ethical, Economic, Legal, Philanthropy
• C)Economic, Legal, Ethical, Philanthropy
• D)Economic, Legal, Philanthropy, Ethical
• E)Philanthropy, Economic, Legal, Ethical

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Definitions:

Bedfellows

Unlikely or surprising partners united by common interests or objectives.

Negotiator

A negotiator is someone who is involved in discussions aimed at reaching an agreement or resolving a dispute, possessing skills in communication, persuasion, and strategy.

Trust

A firm belief in the reliability, truth, ability, or strength of someone or something.

Enlightened Self-Interest

A philosophy where individuals act in ways that benefit others because they understand that these actions are ultimately in their own best interest.