Which of the Following Statements About Social Responsibility Is True

question 110

Multiple Choice

Which of the following statements about social responsibility is true?

• A) Companies are viewed as having social responsibilities only in economic, legal, and ethical areas.
• B) The relative importance of economic, legal, ethical, and discretionary responsibilities is fixed and unchanging over time.
• C) Economic and legal responsibilities play a larger role in a company's social responsibility than do ethical and discretionary responsibilities.
• D) Companies will be considered unethical if they do not perform their discretionary responsibilities.
• E) Economic responsibilities are often referred to as fiscal responsibilities.

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Definitions:

Boycott

An attempt to keep people from purchasing the products of a company.

Lockout

Management’s version of a strike, wherein a work site is closed so that employees cannot go to work.