Social Audit Is a Systematic Assessment of a Firm's Objectives,strategies,and

question 98

Multiple Choice

social audit is a systematic assessment of a firm's objectives,strategies,and performance in terms of social responsibility.The five steps of the audit are: (1) recognition of a firm's social expectations and the rationale for engaging in social responsibility endeavors; (2) identification of social responsibility causes or programs consistent with the company's mission; (3) determination of organizational objectives and priorities for programs and activities it will undertake; (4) specification of the type and amount of resources necessary to achieve social responsibility objectives; and (5)

• A) identification of environmental forces that could interfere with the firm's plans.
• B) evaluation of possible benefits both tangible and intangible to the firm's triple-bottom line.
• C) evaluation of social responsibility programs and activities undertaken and assessment of future involvement.
• D) selection of a team leader and assignment of tasks and task deadlines for team members.
• E) creation or selection of a theme, slogan, spokesperson, etc. for marketing cohesiveness.

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Definitions:

Alcohol

Alcohol generally refers to ethanol, a psychoactive substance found in beverages like beer, wine, and spirits, known for its intoxicating effects.

Tolerance

A person's diminished response to a drug, which occurs when the drug is used repeatedly and the body adapts to its presence.

Intoxicated

Refers to the condition of being under the influence of alcohol or drugs, which impairs cognitive and physical functions.

Psychoactive Drugs

Substances that affect the mind, mood, or other mental processes.