The social responsibility of business consists of the expectations ________ impose(s)on firms.

Question

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The expectations that a community places on the actions of a business is referred to as the social responsibility of business.If the community expects businesses to obey certain standards of fairness,even when the standards interfere with profit maximization,firms that choose to ignore this expectation do so at their peril.

The Social Responsibility of Business Consists of the Expectations ________