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The Notion of Social Responsibility as It Applies to Businesses

Question 53

Multiple Choice

The notion of social responsibility as it applies to businesses concerns


A) a company's duty to put the public interest ahead of shareholder interests.
B) societal expectations that all company stakeholders will be treated equally and fairly.
C) a company's duty to establish socially acceptable core values and to have a strictly enforced code of ethical conduct.
D) the responsibility that top management has for ensuring that the company's actions and decisions are in the best interest of society at large.
E) a company's duty to operate in an honorable manner, provide good working conditions for employees, be a good steward of the environment, and actively work to better the quality of life in the local communities where it operates and in society at large.

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