Asked by Britney Xiong on May 01, 2024

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Which of the following statements best represents when an organization can begin to focus on its discretionary or philanthropic responsibilities?

A) An organization should pursue discretionary responsibility even when it is not meeting its economic requirements.
B) An organization should pursue discretionary responsibility after it meets its economic, legal, and ethical responsibilities.
C) An organization should pursue discretionary responsibility as long as it is meeting its economic requirements.
D) An organization should pursue discretionary responsibility above legal responsibility.

Discretionary Responsibility

The ethical or societal obligation of a company to make decisions and take actions that will benefit the interests of society as well as the organization.

Corporate Social Responsibility

The practice of businesses taking responsibility for their impact on society and the environment, beyond regulatory compliance and profit-making.

Economic Requirements

The financial needs or conditions necessary to sustain or initiate a business, project, or standard of living.

  • Expound on the notions and layers of corporate social responsibility (CSR).
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ZK
Zybrea KnightMay 07, 2024
Final Answer :
B
Explanation :
An organization can focus on discretionary or philanthropic responsibilities after it has fulfilled its basic economic, legal, and ethical responsibilities. This is because discretionary responsibilities are considered additional to the fundamental duties of a business.