Which of the Following Statements Is True About Ethical and Social

question 60

Multiple Choice

Which of the following statements is true about ethical and social responsibility?

• A)Stakeholders expect only individual companies to be ethical.
• B)Companies face immense pressure from their customers,investors,business partners,and media organizations to behave ethically.
• C)Ethical violations can never harm a firm's reputation and profitability.
• D)It is almost impossible that one of many firms in the supply chain will make an ethical breach.

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Definitions:

Central Fact

The most important or pivotal piece of information concerning a particular subject or situation.

Formation

The act or process of forming or being formed, such as the development or creation of something structured.

Traits

Characteristic features of an individual's personality that are consistent across different situations.

Humanistic

A psychological perspective emphasizing individual potential, self-actualization, and the unique human experience within a nurturing environment.