An organisation is meeting its legal responsibility when it:
A) earns a profit through provision of goods and services desired by customers.
B) voluntarily moves beyond basic economic, legal and ethical expectations to provide leadership in advancing social wellbeing.
C) anticipates socially responsible behaviour.
D) voluntarily conforms to legal expectations, and broader values and moral expectations of society.
E) complies with the law and requirements of various external regulations.

Question

Quizplus · Accepted Answer

Complying with the law and requirements of various external regulations is the basic definition of meeting legal responsibilities. Choices A, B, C, and D describe actions that may be ethical, socially responsible, or beneficial for business, but they are not specifically about meeting legal responsibilities.

An Organisation Is Meeting Its Legal Responsibility When It