Social responsibility is the idea that organizations are only accountable to stockholders.
Answer the following statement true (T) or false (F)
False
Social responsibility is the expectation that businesses or individuals will strive to improve the overall welfare of society. From the perspective of a business, this means that managers must take active steps to make society better by virtue of the business being in existence.
You might also like to view...
Which one of the following is an intangible asset?
a. Equipment b. Land c. Equity d. Goodwill
Measures of training success generally include all of the following EXCEPT:
A. trainee satisfaction with the program. B. knowledge or abilities learned. C. trainer satisfaction with the program. D. behavioral change. E. improvements in individual and organizational performance.
Explain what the purpose of assembly-line balancing is. Describe briefly how it is done
What will be an ideal response?
Janice borrows $25,000 from the bank at 15 percent to be repaid in 10 equal annual installments. Calculate the end-of-year payment
What will be an ideal response?