Cocoa Noir Inc., a company that manufactures chocolates, incurs higher costs because of its refusal to import cocoa beans from countries where child labor is prevalent.This reflects Cocoa Noir's _____ responsibility.
A) economic
B) legal
C) ethical
D) demographic

Question

Quizplus · Accepted Answer

This reflects Cocoa Noir's ethical responsibility. A firm's ethical responsibilities go beyond its legal responsibilities. They embody the full scope of expectations, norms, and values of its stakeholders. Managers are called upon to do what society deems just and fair.