The text identifies several criteria for evaluating socially responsible corporate behaviour. A firm is meeting its ___ when it earns a profit through provision of goods and services desired by customers.
A) economic responsibility
B) legal responsibility
C) ethical responsibility
D) discretionary responsibility
E) stakeholder responsibility

Question

Quizplus · Accepted Answer

Economic responsibility refers to the obligation of a company to make a profit by providing goods or services that meet customer needs and wants. This is the most basic responsibility of a company and must be fulfilled before any other responsibilities can be addressed.

The Text Identifies Several Criteria for Evaluating Socially Responsible Corporate