The Idea That Organizations Are Part of a Larger Society

question 59

Multiple Choice

The idea that organizations are part of a larger society and are accountable to that society for their actions is referred to as

• A) stakeholder responsibility.
• B) social responsibility.
• C) profit responsibility.
• D) utilitarianism.
• E) moral idealism.

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Definitions:

Variance

A measure of the spread of a set of numbers, calculated as the average squared deviation from the mean.

Median

The middle value in a data set when the values are arranged in ascending or descending order.

Uniform Distribution

A type of probability distribution in which every outcome is equally likely, leading to a flat or constant probability denoted over an interval.

Electronics Test

A process or procedure used to assess the functionality and performance of electronic components or systems.