The __________ Reason, Why Corporations Should Care About Social Responsibility

question 17

Multiple Choice

The __________ reason, why corporations should care about social responsibility, is based upon the recognition that business must use its power responsibly in society or risk losing it. Corporations exist as legal entities with certain advantages (such as limited liability) because society allows them to do so, and these corporate rights and advantages can be removed from firms that are perceived to be irresponsible.

• A) pragmatic
• B) economic
• C) ethical
• D) strategic

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Definitions:

Self-concept

An individual’s comprehensive understanding of themselves, including their beliefs, feelings, and self-perception.

Career Choice

Career choice involves selecting a profession or job path based on personal interests, values, skills, and market opportunities, influencing one's long-term career journey.

Gender Bias

The inclination to prefer or prejudge individuals based on their gender, often leading to inequality or discrimination.

Occupational Interest Inventories

Standardized assessments designed to measure an individual's preferences, dislikes, and interests in various occupational fields.