_____ Is the Concern of Business for the Long-Range Welfare

question 54

Multiple Choice

_____ is the concern of business for the long-range welfare of both the company and its relationships to the society within which it operates.

• A) Consumerism
• B) Corporate social responsibility
• C) Cultural sensitivity
• D) Conventional morality
• E) Environmental consideration

---

Definitions:

Unrepresentative Cases

Unrepresentative cases are examples or outcomes that do not accurately reflect the general population or the average scenario, making them poor bases for generalizations.

Statistical Reasoning

The process of using statistical methods and thinking to make sense of data and draw conclusions.

Generalize

To generalize means to form a broad conclusion or derive a common attribute from specific instances, observations, or experiences.

Sample

A subset of a population selected for measurement, observation, or questioning to provide statistical information about the population.