Social Responsibility Is

question 78

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 (1)strive to satisfy the needs of consumers (2)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:

Primary Market

The primary market is where new securities are issued and sold for the first time to investors, typically involving initial public offerings (IPOs) by companies.

Breakeven Interest Rate

The interest rate at which the cost of borrowing equals the income from an investment, resulting in no profit or loss.

Flotation Costs

Expenses incurred by a company in issuing new securities, including underwriting fees, legal fees, and registration fees, affecting the net proceeds from the offering.

Maturity Value

The amount that will be paid to the holder of a financial instrument at its maturity date.