Social responsibility is:
A) less of a concern due to better quality governmental oversight of business
B) a form of marketing based on sponsorships and events
C) the obligation consumers have to shop from companies engaged in green marketing
D) the obligation an organization has to be ethical, accountable, and reactive to the needs of society

Question

Quizplus · Accepted Answer

Social responsibility refers to the obligation an organization has to be ethical, accountable, and reactive to the needs of society. It includes actions taken by a company to improve the well-being of society as a whole, rather than just its own interests. This encompasses a wide range of practices, including environmental sustainability, employee welfare, community involvement, and philanthropy. It is not related to better quality governmental oversight, marketing tactics, or consumers' shopping habits.

Social Responsibility Is