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The recognition of how a firm’s business decisions can affect society is its: A. moral code. B. social responsibility. C. conservation policies. D. recycling program. E. consumer bill of rights.

Question

The recognition of how a firm’s business decisions can affect society is its: A. moral code. B. social responsibility. C. conservation policies. D. recycling program. E. consumer bill of rights.

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Solution

The answer to your question is B. Social Responsibility. This term refers to the recognition by a company that its actions and decisions can have an impact on society, and it therefore has an obligation to act in a way that benefits society as a whole.

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