Examlex

Solved

Refer to the Scenario Below to Answer the Following Questions

question 35

Multiple Choice

Refer to the scenario below to answer the following questions.
Approaches to Social Responsibility (Scenario)
Marco was confused. His management class was focusing on social responsibility, and his assignment was to find examples of businesses that used different approaches toward social responsibility. He had three good examples but was not sure which case was an example of which concept. The first business was a fishing company that had been subject to protests from environmentalists. In their efforts to balance the interests of shareholders and other stakeholders, the company decided to change their harvesting methods so that dolphins would no longer be caught with the tuna. The second company was a fast-food restaurant whose primary objective was to maximize profits for its owners. Restaurant employees were paid minimum wages and benefits in accordance with local labour laws. The third business was a bank that spent millions of dollars a year on charitable causes. The bank's managers felt they had an ethical responsibility to do the right things and act in ways that are good for society.
-The approach taken by the fast food restaurant also follows the __________ view of social responsibility.


Definitions:

NCCT Certification

A certification from the National Center for Competency Testing, recognizing qualified professionals in health care and other fields.

Continued Education

The pursuit of learning and acquiring new skills or knowledge, typically after completing formal education, often required in various professions for maintaining licensure.

Continuing Education

Structured post-secondary learning experiences, often required in various professions to maintain a level of competency.

Clock Hours

The actual hours as shown on a clock, used to measure time in a linear fashion.

Related Questions