The Concept of Social Responsibility Quiz
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Questions and Answers

What are the kinds of social responsibility?

  • Profit maximization responsibility
  • Economic responsibility (correct)
  • Consumer responsibility
  • Market responsibility

    • Which is an argument for social responsibility according to the text?

  • Isolation from society
  • Excessive government regulations
  • Long-term interest of the firm (correct)
  • Avoidance of resources

    • What is the reality of social responsibility as per the text?

  • Threat of public regulation (correct)
  • Isolation from public influence
  • Pressure of labor suppression
  • Consumer negligence

    • What is an argument against social responsibility according to the text?

    <p>Violation of profit maximization objective</p> Signup and view all the answers

    What is an impact of social responsibility mentioned in the text?

    <p>Imparts consumer consciousness</p> Signup and view all the answers

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