Question

Social responsibility is

A. the view that organizations should satisfy the needs of consumers in a way that provides for society's well-being.
B. the fundamental, passionate, and enduring principles of an organization that guide its conduct over time.
C. the idea that an organization should strive to satisfy the needs of consumers while also trying to achieve the organization's goals.
D. the idea that individuals and organizations are accountable to a larger society.
E. the recognition of the need for organizations to improve the state of people, the planet, and profit simultaneously if they are to achieve sustainable, long-term growth.

Answer 1

The correct answer is D.

Step-by-step explanation:

The term social responsibility can be defined as an ethical framework or idea where the individuals and organizations feel obligated to work for the benefit of society at large. They feel accountable to a larger society.

We know that a trade-off exists between economic growth and the welfare of society. The idea of social responsibility is to make an equilibrium between these two such that both economic growth and social welfare is achieved.

This idea is not only limited to organizations but to anyone whose actions affect the environment.