Tracy, an employee of an online retailing firm, is the member of the employee engagement committee in her firm and is entrusted with the task of organizing a cultural event. The proceeds of this cultural event will go toward providing free and affordable healthcare to the backward sections of the community. In this scenario, Tracy's firm is fulfilling its ________.

Question

Quizplus · Accepted Answer

Tracy's firm is fulfilling its philanthropic responsibilities by organizing the cultural event to provide healthcare to the backward sections of the community. Economic responsibilities refer to making a profit, legal responsibilities refer to following laws and regulations, and institutional responsibilities refer to maintaining ethical business practices.

Tracy, an Employee of an Online Retailing Firm, Is the Member