Asked by Cecilee Humphries on Jul 18, 2024
Verified
Which of the following describes the four levels of social responsibility?
A) Economic, social, legal, and voluntary
B) Economic, legal, environmental, and ethical
C) Financial, legal, environmental, and philanthropic
D) Economic, financial, legal, and ethical
E) Economic, legal, ethical, and philanthropic
Philanthropic
Pertaining to or characterized by the desire to promote the welfare of others, expressed especially by generous donations of money to good causes.
Legal
Pertaining to the law or the system of rules that are enforced through social institutions to govern behavior.
- Comprehend the different levels of social responsibility in business and their implications.
Verified Answer
KC
Kihei ClarkJul 24, 2024
Final Answer :
E
Explanation :
The four levels of social responsibility are economic (profits), legal (compliance), ethical (doing what is right), and philanthropic (giving back to society). Choice E includes all four of these levels, making it the correct answer.
Learning Objectives
- Comprehend the different levels of social responsibility in business and their implications.
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