Which of the Following Statements About Social Responsibility and Economic

question 47

Multiple Choice

Which of the following statements about social responsibility and economic performance is true?

• A) Social responsibility can sometimes create significant costs for a company.
• B) Social responsibility guarantees profitability.
• C) Defensive, accommodative, and proactive strategies result in profitability and social responsibility.
• D) There is a strong inherent relationship between social responsibility and economic performance.
• E) All of these statements about social responsibility and economic performance are true.

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Definitions:

Political Conflicts

Disputes arising from differences in opinions, beliefs, or interests within a political context.

Ethical Leadership

The practice of leading and making decisions in a manner that is morally right and respects the dignity and rights of all stakeholders involved.

Hedonism

A philosophy that considers the pursuit of pleasure and the avoidance of pain as the highest good or primary goal in life.

Ethical Leadership

The practice of guiding and influencing others based on universally accepted moral principles, fostering an environment of trust and accountability.