The ________ View Is That Management's Social Responsibility Goes Beyond

question 121

Multiple Choice

The ________ view is that management's social responsibility goes beyond making profits to include protecting and improving society's welfare.

• A) sociotechnical
• B) socioeconomic
• C) sociocultural
• D) sociopolitical

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Definitions:

Non-current Assets

Long-term investments or assets that are not expected to be converted into cash or used up within the business cycle of one year or the operating cycle, whichever is longer.

Bank Indebtedness

A financial obligation or debt to a bank, often in the form of loans, overdrafts, or lines of credit.

Current Liability

An obligation that a company is expected to pay within the next year or within the normal operating cycle.

Non-current Liability

Long-term financial obligations that are due beyond one year or beyond the normal operating cycle.