Being Socially Responsible Is Generally Considered

question 94

Multiple Choice

Being socially responsible is generally considered

• A) a good thing to do only if a company is profitable.
• B) inappropriate for most firms in today's challenging markets.
• C) going above and beyond the norms of corporate ethical behavior.
• D) a necessary part of every firm's strategy.
• E) the responsibility of corporate-sponsored foundations that can effectively concentrate a firm's good deeds.

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Definitions:

Outlet Malls

Shopping complexes that offer products from various retailers, typically brand names or designer goods, at reduced prices, often located outside of urban centers.

Department Stores

Large retail establishments that offer a wide variety of goods and services divided into departments.

Specialty Shops

Retail stores that focus on specific product categories, offering a narrow but deep assortment of merchandise and expert knowledge.

Confederate

A person posing as a participant in an experiment who is actually part of the experiment.