The obligation of organization management to make decisions and take actions that will enhance the welfare and interests of society as well as the organization is referred to as
A) organizational responsibility.
B) social responsibility.
C) discretionary responsibility.
D) economic responsibility.
E) none of these.

Question

Quizplus · Accepted Answer

Social responsibility refers to the obligation of organizations to consider the impact of their decisions and actions on society as a whole, and to take actions that will promote the greater welfare and interests of society along with their own interests. It encompasses ethical, legal, and philanthropic responsibilities beyond their economic responsibilities.

The Obligation of Organization Management to Make Decisions and Take