Ian is the president of a medium-sized manufacturing company. He wants to ensure that his company behaves in a socially responsible way. Which of the following is the greatest challenge facing Ian?
A) Determining how to respond to the interests of one part of society which conflicts with the needs of another part of society
B) Determining the contents of the code of ethics and what takes priority
C) Determining when to conduct a social audit
D) Knowing what social responsibility is
E) Determining when to conduct ethical training for employees

Question

Quizplus · Accepted Answer

Balancing conflicting interests of different parts of society can be challenging, as a socially responsible decision for one group may negatively impact another group. This requires careful consideration and decision-making to ensure that the company behaves ethically and responsibly towards all stakeholders. While the other options are also important, they may not pose as significant a challenge as balancing conflicting interests.

Ian Is the President of a Medium-Sized Manufacturing Company