Examlex
Name and describe the two different major types of exchange systems.
Philanthropic Goodwill
The level of social responsibility in which a business does good without the expectation of anything in return.
Social Responsibility
Involves businesses making decisions and taking actions that benefit society as well as themselves.
Philanthropic Goodwill
The positive reputation and supportive engagement generated by a company or individual's charitable activities and contributions to society.
Economic Responsibility
An entity's duty to make decisions that benefit the economic well-being of society and stakeholders.
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