Which of the following involves the activities and organizational processes adopted by businesses to meet their social responsibilities?Multiple Choicecodes of ethicscorporate citizenshipeconomic responsibilitysocial dominance
Question
Which of the following involves the activities and organizational processes adopted by businesses to meet their social responsibilities?Multiple Choicecodes of ethicscorporate citizenshipeconomic responsibilitysocial dominance
Solution
The activities and organizational processes adopted by businesses to meet their social responsibilities are best described as corporate citizenship. This term refers to a company's commitment to operate in an economically, socially, and environmentally sustainable manner. While codes of ethics, economic responsibility, and social dominance can all play a part in this, corporate citizenship is the broadest term that encompasses all of these aspects.
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Required informationSkip to questioniSeeIt!: Corporate Social Responsibility This brief video describes the role of a business in relation to its environment. This concept is referred to as Corporate Social Responsibility. This activity is important, because businesses are often viewed and judged by consumers and the community for their overall ability to positively impact the environment through social programs, ethically sourced products, and hiring practices. The goal of this exercise is to demonstrate your understanding of the actions that lead toward a positive public image and good corporate citizenship. Click the ► button to watch the video. Then, answer the questions that follow. When companies follow the key factors of Corporate Social Responsibility, a ________ usually results, thus ________.Multiple Choicepositive public image; repelling more customersnegative public image; attracting more customersnegative public image; repelling more customerstax benefit; increasing profitspositive public image; attracting more customers
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