Welcome to the Real World
As a recent business graduate from a prestigious business school, Malcolm joined a firm where managers identify popular social needs such as community service and environmental concerns in addition to making a profit.In this organisation, managers respond to what they feel are important social needs.
-Refer to Welcome to the Real World (Scenario).When Malcolm's managers and co-workers use social criteria to make decisions, including investment decisions, what is being utilised in the decision-making process?

Question

Quizplus · Accepted Answer

Social screening is the process of using social criteria to make business decisions, including investment decisions. This aligns with the scenario where Malcolm's managers and co-workers use social needs as a factor in decision-making. Expectation management, profit maximisation, socioeconomic views, and classical view of responsibility are not relevant or applicable to this scenario.