Jim&Jenny Inc., an investment service firm, regularly donates to nonprofit organizations for various social causes and events. This scenario illustrates that the company is fulfilling its _____.
A) discretionary responsibility
B) legal responsibility
C) ethical responsibility
D) economic responsibility

Question

Quizplus · Accepted Answer

Discretionary responsibility refers to voluntary actions taken by a company to contribute to social causes, which is what Jim&Jenny Inc. is doing by donating to nonprofit organizations.