When management's decisions align with social and economic issues,the company is practicing ________.
A) social responsibility
B) business ethics
C) social welfare
D) creativity

Question

Quizplus · Accepted Answer

Social responsibility refers to a company's obligation to act in the best interest of society and the environment, beyond just producing goods and maximizing profits. If a company aligns its decisions with social and economic issues, it is practicing social responsibility. Business ethics refers to the moral principles that guide decision-making in business, while social welfare refers to government programs and policies aimed at improving the well-being of society. Creativity is not directly related to social and economic issues alignment in management decision-making.

When Management's Decisions Align with Social and Economic Issues,the Company