In a financial company, you collaborate closely with your manager on preparing a financial report. The manager requests you to reduce the reported expenses in the document. Conside... In a financial company, you collaborate closely with your manager on preparing a financial report. The manager requests you to reduce the reported expenses in the document. Considering the ethical implications, which level of social responsibility is demonstrated in this scenario, and why?
Understand the Problem
The question is asking about the ethical implications of a manager's request in a financial reporting context, specifically which level of social responsibility is demonstrated when asked to reduce reported expenses. It requires an understanding of the different categories of social responsibility.
Answer
Ethical responsibility, as accurately reporting expenses is prioritized despite external pressures.
The correct level of social responsibility demonstrated is Ethical responsibility, as accurately reporting expenses is prioritized despite external pressures.
Answer for screen readers
The correct level of social responsibility demonstrated is Ethical responsibility, as accurately reporting expenses is prioritized despite external pressures.
More Information
Ethical responsibility in business focuses on adhering to ethical standards, ensuring honesty, and prioritizing accurate information in reporting.
Tips
A common mistake is to confuse ethical responsibility with economic or legal responsibility. Ethical responsibility focuses on doing what's right, even if there are no legal obligations.
Sources
- Corporate social responsibility - Wikipedia - en.wikipedia.org
- Code of Business Conduct and Ethics - SEC.gov - sec.gov
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