According to the textbook, which of the following would best fit the definition of a socially responsible business?
A)has managers who make choices and take actions that will contribute to the welfare of society as well as to those of the organization
B)serves its customers in a profitable and lawful manner
C)serves its customers and employees in an ethical and lawful manner
D)encourages managers to monitor the off-duty behaviour of employees
E)pursues profits only as a short run objective

Question

Quizplus · Accepted Answer

A socially responsible business is one that considers the impact of its actions on society as well as its own interests. This includes making choices and taking actions that contribute to the welfare of society, such as reducing environmental harm, treating employees fairly, and contributing to the community. Option B and C are important aspects of any business, but they do not necessarily indicate a commitment to social responsibility. Option D is not appropriate as it invades employees' privacy, and Option E suggests a short-sighted view of business success.

According to the Textbook, Which of the Following Would Best