Which of the following terms refers to how companies contribute to the well-being of society?
A) a code of conduct
B) ethical responsibility
C) social responsibility
D) a business ethic

Question

Quizplus · Accepted Answer

Social responsibility refers to how companies contribute to the well-being of society by taking actions that benefit society as a whole and go beyond their financial interests. A code of conduct is a set of rules and principles outlining a company's values and expected behaviors. Ethical responsibility refers to the duty of companies to act in ways that are morally right and justifiable. A business ethic is a set of beliefs and values that guide how a company conducts itself.

Which of the Following Terms Refers to How Companies Contribute