Which of the Following Statements Is True of the Fundamental

question 12

Multiple Choice

Which of the following statements is true of the fundamental social responsibilities of a business?

• A)In order to survive, a firm must primarily focus on fulfilling its ethical responsibility over other responsibilities.
• B)In order to thrive and grow, a firm must prioritize its philanthropic responsibility above all other responsibilities.
• C)Firms must fill their ethical responsibilities only in limited and specific ways that conform to the legal statutes in that country.
• D)Philanthropic responsibility of a firm only appears as an obligation if the firm is viewed as an active member and contributing citizen of the community in which it operates.

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Definitions:

Correlation Coefficient

A statistical measure that indicates the extent to which two or more variables fluctuate together, showing the strength and direction of a linear relationship between them.

Variables

Elements, features, or factors that are liable to vary or change.

Chronically Depressed

A term describing a state where an individual experiences depression persistently over a long period.

Correlational Studies

Research methods that examine the relationship between two or more variables to determine if a correlation exists.