According to the concept of social responsibility, a firm has a duty to:

Question

Quizplus · Accepted Answer

The concept of social responsibility suggests that a firm has a duty to conduct business in a way that benefits society as a whole, both now and for the future. This means that while profit is important, it should not be the only consideration, and customer satisfaction is just one aspect of fulfilling the larger social responsibility to stakeholders. Therefore, option E is the best choice.

According to the Concept of Social Responsibility, a Firm Has