Jacob, an automobile engineer, works at an automobile manufacturing firm that receives an order for 3,000 cars from a major client. This contract resulted in a high turnover and bonuses for its employees. Jacob's firm is fulfilling its _________.

Question

Quizplus · Accepted Answer

The firm is fulfilling its economic responsibility by fulfilling the contract and generating high turnover and bonuses for its employees. Philanthropic responsibility involves giving back to the community, legal responsibility involves following laws and regulations, and superordinate responsibility involves ethical and moral obligations beyond legal requirements.

Jacob, an Automobile Engineer, Works at an Automobile Manufacturing Firm