An organization's obligation to protect and enhance the society in which it operates is called
A)legal responsibility.
B)ethical responsibility.
C)social responsibility.
D)cultural responsibility.
E)societal responsibility.

Question

Quizplus · Accepted Answer

Social responsibility refers to an organization's obligation to protect and enhance the society in which it operates. This includes taking steps to ensure the well-being and interests of stakeholders, such as customers, employees, and the community at large, are prioritized alongside financial success. Legal responsibility refers to an organization's obligation to follow laws and regulations, while ethical responsibility pertains to adhering to moral and ethical principles. Cultural and societal responsibility are not commonly used terms in the context of business.

An Organization's Obligation to Protect and Enhance the Society in Which