An organization is meeting its economic responsibility when it
A) is in compliance with the law and requirements of various external regulations.
B) voluntarily moves beyond basic economic, legal, and ethical expectations to provide leadership in advancing social well-being.
C) earns a profit through provision of goods and services desired by customers.
D) voluntarily conforms to legal expectations and broader values and moral expectations of society.
E) anticipates socially responsible behaviour.

Question

Quizplus · Accepted Answer

Meeting economic responsibility means earning a profit through provision of goods and services desired by customers. This is the basic expectation of any organization in terms of its economic responsibility.

An Organization Is Meeting Its Economic Responsibility When It