Being ______ means going beyond legal and economic obligations to do the right things by acting in ways that benefit society.

A. socially responsible
B. ethical
C. savvy
D. perceptive


A. socially responsible

Business

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A businessperson who attempts to make business decisions based upon their moral duties to customers and workers has developed a(an) ____________________ philosophy.

Fill in the blank(s) with the appropriate word(s).

Business

Describe the arguments for and against the CEO of a company serving as the chair of the board of directors.

What will be an ideal response?

Business

The City of Warwick received $4,000,000 from one of its most prominent citizens during the year ended June 30, 20X9. The donor stipulated that the $4,000,000 be invested permanently, and that interest and dividends earned on the investments be used to support the homeless people of Warwick. During the year ended June 30, 20X9, dividends received from stock investments amounted to $20,000, while interest received from bond investments amounted to $40,000. At June 30, 20X9, $10,000 of interest was earned, but it will not be received until July of 20X9. The fair value of the securities in which the $4,000,000 was invested had increased $8,000 by June 30, 20X9.Refer to the above information. For the year ended June 30, 20X9, what amount should the trust fund report as investment earnings on

the statement of revenues, expenses, and changes in fund balance? A. $68,000 B. $78,000 C. $60,000 D. $70,000

Business

The Electronic Fund Transfer Act:

a. makes financial institutions liable to the consumer for damages caused by its failure to make an electronic transfer of funds b. limits liability of the erring financial institution to actual damages proved c. limits liability of an erring financial institution to the lesser of $500 or the amount of the incorrect transfer d. makes financial institutions liable to the consumer for damages caused by its failure to make an electronictransfer of funds and limits liability of the erring financial institution to actual damages proved e. makes financial institutions liable to the consumer for damages caused by its failure to make an electronic transfer of funds and limits liability of an erring financial institution to the lesser of $500 or the amount of the incorrect transfer

Business