Which of the Following Statements About Social Responsibility Is Correct

question 88

Multiple Choice

Which of the following statements about social responsibility is correct?

• A) Social responsibility dimensions do not include philanthropic concerns.
• B) Social responsibility does not deal with the total effect of all marketing decisions on society.
• C) Social responsibility refers to a company's obligation to maximize its positive impact and minimize its negative impact on society.
• D) Social responsibility dimensions do not include economic concerns.
• E) Social responsibility refers to principles and standards that define acceptable conduct in marketing as determined by various stakeholders.

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Definitions:

Sign

To write or use a symbol, like one's name, on a document as a way of acknowledging or agreeing to its terms.

Deposits

Sums of money placed in accounts within financial institutions or as security for contracts, which might earn interest over time.

Indorsement

A signature or instruction written on the back of a negotiable instrument, such as a check, transferring ownership or specifying some other transaction.

Bank

A financial institution licensed to receive deposits and provide loans to individuals and businesses.