Social Responsibility Is

question 78

Multiple Choice

Social responsibility is

• A)the view that organizations should satisfy the needs of consumers in a way that provides for society's well being.
• B)the fundamental,passionate,and enduring principles of an organization that guide its conduct over time.
• C)the idea that an organization should (1)strive to satisfy the needs of consumers (2)while also trying to achieve the organization's goals.
• D)the idea that individuals and organizations are accountable to a larger society.
• E)the recognition of the need for organizations to improve the state of people,the planet,and profit simultaneously if they are to achieve sustainable,long-term growth.

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Definitions:

Critical Value(s)

Critical values are threshold values that define regions where the test statistic leads to the rejection of the null hypothesis.

Significance Level

The probability of rejecting the null hypothesis in a statistical test when it is actually true, used as a threshold for determining the statistical significance of a result.

Sample Mean

The average value of a sample set of numbers, calculated by summing all observations and dividing by the number of observations.

Standard Deviation

A metric that quantifies the range of diversity or distribution of a series of values.