The Highest Level of Social Performance Comes Through the Satisfaction

question 59

Multiple Choice

The highest level of social performance comes through the satisfaction of an organisation's:

• A) stakeholder responsibility.
• B) economic responsibility.
• C) ethical responsibility.
• D) discretionary responsibility.
• E) legal responsibility.

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Definitions:

Partnership

A partnership is a legal form of business operation between two or more individuals who share management and profits.

Proprietorship

Proprietorship, also known as sole proprietorship, is a business owned and operated by a single individual, where the owner and the business are legally treated as the same.

Taxed

Describes funds or goods that are subjected to taxation by governmental authorities.

Maximize Profits

The process or strategy used by businesses to ensure they achieve the highest possible profit from their operations.