Social responsiveness refers to the capacity of a firm to adapt to changing __________.
A) societal leaders
B) organizational conditions
C) societal conditions
D) organizational managers

Question

Quizplus · Accepted Answer

Social responsiveness refers to a firm's ability to adapt to changes in societal conditions, such as shifts in values, beliefs, and expectations of consumers, employees, and stakeholders. It involves being aware of and responsive to social issues and trends that impact the business environment, and taking proactive steps to address them. Socially responsive firms are more likely to establish stronger relationships with their customers, enhance their reputation, and achieve competitive advantage in the long run.

Social Responsiveness Refers to the Capacity of a Firm to Adapt