_____ is a company's social responsibility to not violate accepted principles of right and wrong when conducting its business.
A) Legal responsibility
B) Ethical responsibility
C) Economic responsibility
D) Discretionary responsibility

Question

Quizplus · Accepted Answer

Ethical responsibility refers to a company's obligation to act in a morally and socially responsible manner, which includes adhering to accepted principles of right and wrong in conducting its business. This can include issues such as fair treatment of employees, sustainable practices, and transparency in business dealings. Legal responsibility refers to the company's obligation to comply with laws and regulations, while economic responsibility refers to maximizing profits for the shareholders. Discretionary responsibility is optional and relates to a company's contributions to social causes and charitable giving.

_____ Is a Company's Social Responsibility to Not Violate Accepted