Which of the following statements about social responsibility is correct?
A. Social responsibility dimensions do not include philanthropic concerns.
B. Social responsibility does not deal with the total effect of all marketing decisions on society.
C. Social responsibility refers to a company's obligation to maximize its positive impact and minimize its negative impact on society.
D. Social responsibility dimensions do not include economic concerns.
E. Social responsibility refers to principles and standards that define acceptable conduct in marketing as determined by various stakeholders.
Answer: C
You might also like to view...
If there is no written agreement as to the way income will be divided among partners
a. they will share income and losses equally b. they will share income and losses according to their capital balances c. they will share income and losses according to the time devoted to the business. d. there really is no partnership agreement
The 12-month period that ends when a company's sales activities are at their lowest level is called the:
A. Calendar year. B. Natural business year. C. Interim period. D. Accounting period. E. Fiscal year.
A competitor can lawfully use a rival's trade secret if the competitor discovers the trade secret by means of ________.
A. copyrighting B. cross-licensing C. patenting D. reverse engineering
Duress is said to have occurred only where a threat involved a physical harm
Indicate whether the statement is true or false