A Retail Chain Calculates the Expenditures an Enterprise Makes on Social

question 42

Multiple Choice

A retail chain calculates the expenditures an enterprise makes on social objectives and then deducts the negative costs for social objectives not addressed.This social report measures total social impact,positive and negative.This is an example of the __________ approach to social auditing.

• A) inventory
• B) social responsibility accounting
• C) cost or outlay
• D) social indicators
• E) community

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Definitions:

Belief

An acceptance that something exists or is true, especially one without proof.

Utilitarianism

An ethical theory that posits the best action is the one that maximizes utility, usually defined as that which produces the greatest well-being of the greatest number of people.

Consequentialist Theory

A moral theory that judges the rightness or wrongness of actions based solely on their outcomes or consequences.

Ethics of Care

A philosophical perspective that emphasizes interpersonal relations and the importance of compassion, empathy, and emotional response in moral judgment.