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Managerial Economics and Ethics MCQ - Corporate Social Responsibility Questions

51 A firm is said to have good corporate social performance when

52 Which principle suggests that a businessman should be guided by the 'service motto' in all his acts and decisions?

53 Corporate planning is an ongoing or continuous process. It is a dynamic exercise that goes on throughout the

54 Management's social responsibilities include all of the following except

55 'Sugging' is the unacceptable practice of

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Question:

An organization's obligation to act to protect and improve society's welfare as well as its own interests is referred to as

A. organizational social responsibility
B. organizational social responsiveness
C. corporate obligation
D. business ethics

Correct answer: A

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