Social responsibility:
A) Is a concern for the impact of our actions on society.
B) Is a code that helps in dealing with confidential information.
C) Is required by the SEC.
D) Requires that all businesses conduct social audits.
E) Is limited to large companies.

Question

Quizplus · Accepted Answer

Social responsibility refers to the ethical and voluntary actions taken by businesses to improve the well-being of society and the environment. It is a concern for the impact of our actions on society and includes initiatives such as charitable giving, reducing carbon emissions, and promoting fair labor practices. It is not a code for dealing with confidential information, required by the SEC, or limited to large companies. While social audits can be a part of social responsibility efforts, they are not required for all businesses.

Social Responsibility