A systematic assessment of a firm's objectives,strategies,and performance in the domain of social responsibility is collectively known as a:

Question

Quizplus · Accepted Answer

A social audit is a comprehensive evaluation of an organization's social and environmental performance, including its engagement with stakeholders, adherence to ethical norms, and impact on society and the environment. It allows firms to assess their progress towards social responsibility goals and identify areas for improvement. A business mission defines the company’s overall purpose and values, while a strategic marketing process involves planning and implementing marketing activities to achieve specific business objectives. A SWOT analysis examines a firm's strengths, weaknesses, opportunities, and threats in order to inform strategic decision-making. None of these options specifically focus on social responsibility performance evaluation.

A Systematic Assessment of a Firm's Objectives,strategies,and Performance in the Domain