All of the Following Are Basic Approaches to Social Responsibility

question 9

Multiple Choice

All of the following are basic approaches to social responsibility EXCEPT

• A) accommodative stance.
• B) defensive stance.
• C) reactive stance.
• D) proactive stance.
• E) obstructionist stance.

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Definitions:

Tangible Capital

Physical assets that are used in the operating activities of a business, such as buildings, machinery, and equipment.

Economic System

The organized way a country allocates resources and distributes goods and services in the national community.

Future Goods

Goods that are not yet produced or are not currently available but will be in the future.

Inputs

Resources (labor, materials, equipment) used in the production process to create goods or services.