The framework to understand how businesses meet their economic, legal, ethical, and philanthropic responsibilities is developed around the assumption that social responsibility is a
A) process.
B) specific set of rules and guidelines.
C) result that does not need further attention.
D) theory, with little relevance to business practice.
E) requirement by federal law.

Question

Quizplus · Accepted Answer

The framework is based on the idea that social responsibility is a process, meaning it requires ongoing effort and attention by businesses to ensure they are meeting their responsibilities in various areas. It is not a specific set of rules or a result that can be achieved and then ignored. While it is often grounded in theories of ethics and social justice, it is highly relevant to business practice and increasingly expected by consumers and stakeholders. While some aspects of social responsibility may be required by federal law, it is not solely driven by legal requirements.

The Framework to Understand How Businesses Meet Their Economic, Legal