When Organizations Pursue a Clearly Defined Sense of Social Conscience

question 39

Short Answer

When organizations pursue a clearly defined sense of social conscience in managing their financial responsibilities to shareholders,their legal responsibilities to their local community and society as a whole,and their ethical responsibilities to "do the right thing" for all their stakeholders,they are following a _____________________ CSR initiative.

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Definitions:

Ownership Rights

Legal rights that confer the ability to use, control, and dispose of property or assets.

Passing of Title

The formal process of transferring ownership rights of a property from one entity to another.

Seller

The party that sells or agrees to sell goods or services to another party (buyer) in a commercial transaction.

Price

The amount of money expected, required, or given in payment for something.