Scenario D. Use the information given below to answer the following three questions:
Two executives, Walker and Kimberley, are discussing possible options to improve profitability for their toy company, Rankin Toys. Shareholders have been unhappy with the recent decline in earnings, and stock prices have fallen sharply. Walker advocates moving toy production offshore to dramatically lower costs. He has obtained some samples made at a foreign location, but he is worried that the toys may not meet U.S. standards for lead content. Kimberley is concerned about their offshore partner's history of using child labor. She is worried about angry parent groups getting involved in these issues.
-In the context of the four levels of corporate social responsibility, the shareholders' concerns would best be described as the _____ of Rankin Toys.

Question

Quizplus · Accepted Answer

The economic responsibilities of business are to produce goods and services that society wants at a price that perpetuates the business and satisfies its obligations to investors.