The Text Identifies Several Criteria for Evaluating Socially Responsible Corporate

question 85

Multiple Choice

The text identifies several criteria for evaluating socially responsible corporate behaviour. A firm is meeting its ___ when it earns a profit through provision of goods and services desired by customers.

• A) economic responsibility
• B) legal responsibility
• C) ethical responsibility
• D) discretionary responsibility
• E) stakeholder responsibility

Analyze the role of nutrition knowledge in dietary quality and behavior.

Assess factors influencing food choices, including convenience, culture, and social influences.

Apply principles of cultural sensitivity and avoid assumptions about clients' dietary habits.

Develop skills in establishing rapport and effective communication with clients.

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Definitions:

Liabilities

Financial obligations or debts owed by a business to external parties or stakeholders.

Current Liabilities

Short-term financial obligations due within one year or within the company's operating cycle, whichever is longer.

Long-Term Liabilities

Financial obligations of a company that are due beyond one year, such as bonds payable, long-term loans, and lease liabilities.

Known Current Liabilities

Short-term financial obligations that are recognized and recorded, expected to be settled within one year or within the normal operating cycle.