When management's decisions align with social and economic issues,the company is practicing ________.
A)creativity
B)business ethics
C)social welfare
D)social responsibility

Question

Quizplus · Accepted Answer

Social responsibility refers to a company's obligation to act in a way that benefits society as a whole. When management's decisions align with social and economic issues, the company is practicing social responsibility. Business ethics (B) refers to the principles and values that guide behavior in the world of business. Creativity (A) refers to the ability to think outside the box and come up with innovative solutions. Social welfare (C) refers to programs and policies that aim to improve the well-being of society, often through government involvement. While social responsibility may involve social welfare initiatives, it is a broader concept that encompasses a company's overall impact on society.

When Management's Decisions Align with Social and Economic Issues,the Company