While Fulfilling the Ethical Component of Corporate Social Responsibility, an Organization

question 47

Multiple Choice

While fulfilling the ethical component of corporate social responsibility, an organization does what is right, just, and fair.This suggests that the organization has reached the _____ of moral development.

• A)preconventional level
• B)principled level
• C)preoperational level
• D)conventional level
• E)metaphysical level

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Definitions:

State Agency

A government body at the state level responsible for overseeing and implementing specific regulations and policies within its jurisdiction.

Equal Credit Opportunity Act

A U.S. law aimed at ensuring all consumers have an equal chance to obtain credit, prohibiting discrimination based on race, color, religion, national origin, sex, marital status, age, or because someone receives public assistance.

Consumer Credit

A form of credit extended to consumers to finance the purchase of goods, services, or for personal use, subject to repayment terms.

Commercial Credit

A type of financing that allows businesses to obtain goods or services with payment to be made at a later date.