Every year, the members of the managing committee at Willem Inc. systematically evaluate how well the firm meets its ethics and social responsibility objectives. This process is referred to as a(n) _____.
A) sustainable development
B) planned obsolescence
C) annual progress report
D) social audit

Question

Quizplus · Accepted Answer

The process of systematically evaluating how well a company meets its ethics and social responsibility objectives is known as a social audit. This process allows companies to assess and measure their progress towards achieving their goals related to social responsibility and ethical practices. Other options like sustainable development, planned obsolescence, and annual progress reports do not accurately describe this process.

Every Year, the Members of the Managing Committee at Willem