There Are Three Concepts of Social Responsibility, Each Relating to Particular

question 60

Multiple Choice

There are three concepts of social responsibility, each relating to particular constituencies. Societal responsibility is characterized by

• A) the triple bottom line, to achieve sustainable, long-term growth.
• B) a focus on the obligations an organization has to those who can affect achievement of its objectives.
• C) an engagement in open and free competition without deception or fraud.
• D) an unrelenting customer focus.
• E) a focus on seller-oriented outcomes.

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Definitions:

Short Run

In the short run, refers to a period of time during which certain conditions or variables are viewed as fixed, often used in economic contexts to analyze immediate effects.

Escalating Argument

A disagreement that intensifies in severity or intensity over time, often leading to heightened conflict.

Intervene

To come between disputing people, groups, or forces in order to prevent or alter a result or course of events.

Conflict Handling

Strategies and techniques used to manage and resolve disagreements or disputes in a productive manner, aiming to achieve mutual agreement or understanding.