Nick and Juliet Work in an Online Retailing Firm in Chicago

question 61

Multiple Choice

Nick and Juliet work in an online retailing firm in Chicago. Nick believes that a company's primary social responsibility is economic in nature while Juliet believes that its primary responsibility is to contribute to the enhancement of the community in which it operates. Which of the following statements, if true, strengthens Nick's belief?

• A)To thrive and grow, a firm must meet its philanthropic responsibilities.
• B)Economic responsibility can be viewed as an obligation only if we view the firm as a contributing citizen to the communities in which it operates.
• C)Unless a firm produces profitable products and becomes a sustainable contributor in society, all its other responsibilities fade away.
• D)To survive a firm must meet its legal and ethical obligations before fulfilling the other obligations.

---

Definitions:

Stem

In data visualization, the ‘stem’ refers to a part of a stem-and-leaf plot, which represents the leading digits of the data points, while the leaves represent the final digits.

Leaf

In the context of a stem-and-leaf plot, represents the last digit of a number and is used to visualize data distributions.

Stem

The main structural part of a plant that typically rises aboveground, but in general contexts, it can refer to the basic or essential part of something.

Splitting

In data analysis or computing, it refers to the process of dividing data into more manageable parts or categories for specific analysis.