When a Firm Engages in Social Actions Because of Its

question 8

True/False

When a firm engages in social actions because of its obligation to meet certain economic and legal responsibilities, it is said to be socially responsive.

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Definitions:

Sociocultural

Relating to the mix of social and cultural influences that shape a person's actions and viewpoints.

Psychodynamic

A therapeutic approach emphasizing the role of the unconscious mind, past experiences, and interpersonal relationships in shaping behavior and feelings.

Conditioning

A process of behavior modification by which a subject comes to associate a desired behavior with a previously unrelated stimulus.

Cognitive-behavioral

A therapeutic approach that aims to solve problems concerning dysfunctional emotions, behaviors, and cognitions through a goal-oriented, systematic procedure.