A prime social responsibility of business is to safeguard consumers:While continuing to supply them with goods and services they want.      By supplying consumers with products at the lowest possible cost.While maintaining high profit margins.By providing new technology.

There are several ways in which a business could practice social responsibility, the following practices are mentioned below, except for two. Pick two answers.*2 pointsPracticing sustainable waste managementFollowing government legal protocolsGiving scholarship aids to out of school youth kidsDonating to charity institutionsConducting livelihood seminars to help the communityGetting the best technology suppliers for the enterprise

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

Which is an argument for social responsibility?A.Pursuing goals dilutes a business’s primary purpose - economic productivityB.A business is being socially responsible only when it pursues its economic interests.C.Many socially responsible actions don’t cover their costs, and someone must pay those costs.D.Public opinion now supports businesses pursuing economic and social goals.

Practices and policies that a business may implement to take an active and positive social role in the world.Group of answer choicesCorporate Social ResponsibilityCommodity tradingSubsidiaryInternational accountability

Methods that supermarkets can use to demonstrate Corporate Social Responsibility [CSR].