Which of the Following Is the Concern of Businesses for the Welfare

question 142

Multiple Choice

Which of the following is the concern of businesses for the welfare of society?

• A) social responsibility
• B) consumer protection
• C) the marketing concept
• D) business ethics

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Definitions:

Team Empowerment

Team empowerment refers to the process or state in which team members are given authority, resources, and capability to make decisions and execute tasks independently, enhancing their effectiveness and motivation.

Potency

The degree to which a group or organization believes in its collective efficacy and ability to be effective in achieving its goals.

Meaningfulness

The quality of having significance, value, or purpose.

Autonomy

The capacity to make decisions independently, often leading to greater job satisfaction and productivity.