The Text Identifies Several Criteria for Evaluating Socially Responsible Corporate

question 31

Multiple Choice

The text identifies several criteria for evaluating socially responsible corporate behaviour. A company is meeting its __________ when it operates within the law and according to the requirements of various external regulations.

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

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Definitions:

Prize

A reward given for victory or superiority in a contest or competition.

Payments

The transfer of money or goods from one person or entity to another, often in exchange for services or products.

Rate of Return

The gain or loss on an investment over a specified period, expressed as a percentage.

Investment

The purchase of goods, stocks, or other assets in the hope of generating a financial return.