Which of the Following Statements Is True of Social Risk

question 3

Multiple Choice

Which of the following statements is true of social risk?

• A)It is the risk that involves the fears that consumers suffer when they worry others might not regard their purchases positively.
• B)It is the risk that involves the perceived danger inherent in a poorly performing product or service.
• C)It is the risk associated with the fear of an actual harm should a product not perform properly.
• D)It is the risk that includes the initial cost of a purchase, as well as the costs of using the item or service.
• E)It is the risk associated with the way people will feel if the product or service does not convey the right image.

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Definitions:

Intrapreneurship

The practice of developing new products, services, or initiatives within an existing organization to drive innovation.

Renewal

The process of extending the period of validity or effectiveness of something, or revitalizing something that has diminished or expired.

Benefit Corporation

A form of organization certified by the nonprofit B Lab that ensures strict standards of social and environmental performance, accountability, and transparency are met.

Social Performance

A measure of an organization’s ability to meet its social objectives, reflecting its impact on stakeholders, communities, and society as a whole.