According to Carroll, the responsibility that management of a business organization has to produce goods and services of value to society so that the firm may repay its creditors and stockholders is called
A) legal responsibilities.
B) ethical responsibilities.
C) economic responsibilities.
D) financial responsibilities.
E) discretionary responsibilities.

Question

Quizplus · Accepted Answer

Carroll defines economic responsibilities as the responsibility of a business to produce goods and services of value to society so that the firm may repay its creditors and stockholders.

According to Carroll, the Responsibility That Management of a Business