Social Responsibility Is

question 120

Multiple Choice

Social responsibility is

• A)the view that organizations should satisfy the needs of consumers in a way that provides for society's well-being.
• B)the fundamental,passionate,and enduring principles of an organization that guide its conduct over time.
• C)the idea that an organization should strive to satisfy the needs of consumers while also trying to achieve the organization's goals.
• D)the idea that individuals and organizations are accountable to a larger society.
• E)the recognition of the need for organizations to improve the state of people,the planet,and profit simultaneously if they are to achieve sustainable,long-term growth.

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Definitions:

Financial Assets

Assets that derive value from a contractual claim on future earnings or from owning equity in a company, such as stocks, bonds, or bank deposits.

Income Inequality

The unequal allocation of income among individuals in a community, resulting in differences in wealth and life quality.

College Graduates

Individuals who have completed a degree program at a college or university.

High School Graduates

Individuals who have successfully completed the curriculum required by secondary schools and have been awarded a diploma.