Van Dyke's Fashion Inc.,a company that manufactures clothing,incurs higher costs because of its refusal to build factories in countries where child labor is prevalent.This reflects Van Dyke's Fashion's _____ responsibility.

Question

Quizplus · Accepted Answer

This reflects Van Dyke's Fashion's ethical responsibility. A firm's ethical responsibilities go beyond its legal responsibilities. They embody the full scope of expectations, norms, and values of its stakeholders. Managers are called upon to do what society deems just and fair.