The Obligation of Organization Management to Make Decisions and Take

question 15

Multiple Choice

The obligation of organization management to make decisions and take actions that will enhance the welfare and interests of society as well as the organization is referred to as

• A) organizational responsibility.
• B) social responsibility.
• C) discretionary responsibility.
• D) economic responsibility.
• E) none of these.

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Definitions:

Authenticity

The truthfulness of origins, attributions, commitments, sincerity, devotion, and intentions of a brand or entity.

Gray Markets

A marketplace where products are sold through unauthorized channels, which, while not illegal, are unofficial and unauthorized by the original manufacturer.

Brand Licensing

A legal authorization by a brand owner allowing another company to use its brand, logo, or product names for a specified purpose and period.

Local

Relating to or occurring in a particular area, community, or locality; often used to emphasize the importance of community-based or region-specific characteristics.