Is defined as a business firms obligation beyond what is required by its legal and economic obligations to do the right things and act in ways that are good for society?

(a)

Social obligation

(b)

Social screening

(c)

Values-based management

(d)

Social responsibility

(e)

Ethical obligation.

Is defined as a business firms obligation beyond what is required by its legal and economic obligations to do the right things and act in ways that are good for society?

Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2015/04/24

  • 5 Answers

Is defined as a business firms obligation beyond what is required by its legal and economic obligations to do the right things and act in ways that are good for society?

by DIN BANDHU SINGH , Chief Accountant , ELITE TRADING ALLIANCE CO (El Seif Group of Companies)
7 years ago

(d)

Social responsibility>>>>>>>>>>>>>>>>>>>>>>

Option d) is answer <<<<<<<<<

Is defined as a business firms obligation beyond what is required by its legal and economic obligations to do the right things and act in ways that are good for society?

by Vinod Jetley , Assistant General Manager , State Bank of India
7 years ago

(d)\\Social responsibility is defined as a business firm’s obligation, beyond that required by law and economics, to pursue long-term goals that are good for society. Hence, option (d) is correct.

Social responsibility, because you should be responsible in everthing that is good for the society.

Is defined as a business firms obligation beyond what is required by its legal and economic obligations to do the right things and act in ways that are good for society?

by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials
7 years ago

(d)>>>>>>>>>>>>>>>

Social responsibility

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Is defined as a business firms obligation beyond what is required by its legal and economic obligations to do the right things and act in ways that are good for society?

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What is defined as a business firm's obligation beyond that required by law and economics to pursue long term goals that are good for society?

Social responsibility: A firm's obligation, beyond that required by the law and economics to pursue long term goals that are beneficial to society.

Is defined as a business firm's obligation?

(d)\\Social responsibility is defined as a business firm's obligation, beyond that required by law and economics, to pursue long-term goals that are good for society.
When a firm engages in social actions because of its obligation to meet certain economic and legal responsibilities, it is said to be socially responsive.

Is an obligation that organizations have to society?

Social responsibility is an obligation organizations have to society. It means going beyond legal responsibilities and profit making. Social responsibility tries to align organizational long-term goals with what is good for society.