How Does the Government Affect the Idea of Social Responsibility

question 74

Multiple Choice

How does the government affect the idea of social responsibility in a planned economy?

• A) The government requires higher stakeholder returns.
• B) The government passes laws to make sure business interests do not damage society.
• C) The government heavily regulates business activities to ensure the business supports social ideals.
• D) The government attempts to offset small business restrictions.
• E) The government limits regulations in exchange for planned giving.

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Definitions:

Sources

The origins or providers of information, materials, or components, often used in research or manufacturing contexts.

Toyota Production System

An integrated socio-technical system developed by Toyota to efficiently organize manufacturing and logistics, including the interaction with suppliers and customers.

TPS

Stands for Transaction Processing System, a type of information system that collects, stores, modifies, and retrieves the transactions of an organization.

JIT Partnerships

Refers to Just-In-Time partnerships, a collaboration between suppliers and manufacturers to ensure materials are delivered just in time for production, reducing inventory costs and enhancing efficiency.