When Target donates 5 percent of its federally taxable income to nonprofit groups,the company is highlighting its ________.
A)social responsibility
B)code of conduct
C)social audit
D)business ethics

Question

Quizplus · Accepted Answer

Target's donation of 5 percent of its federally taxable income to nonprofit groups demonstrates its social responsibility, which refers to a company's obligation to operate in a way that maximizes its positive impact on society and minimizes its negative impact. A code of conduct is a set of ethical guidelines that a company follows, while a social audit is a review of a company's social and environmental impact. Business ethics refers to the principles and values that guide the behavior of individuals and organizations in the business world. While donating to nonprofits could be considered ethical, social responsibility is a more specific and appropriate term in this context.

When Target Donates 5 Percent of Its Federally Taxable Income