
Pre Test in Business Ethics
Quiz by Aimee Mendoza
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The business institution is, above all, the basic economic unit of society. Which of the following
criteria of total corporate responsibility have the responsibility to produce goods and services that a society wants and to maximize profit for its owners and shareholders?
What criteria of total corporate responsibility suggests that all modern societies lay down ground rules, laws and regulations that businesses are expected to follow?
It is purely voluntary and guided by an organization's desire to make social contributions not mandated social contributions not mandated by economics, laws, or ethics.Â
This responsibility includes behavior that is not necessarily codified into law and may not serve the organization's direct economic interests.
It is the highest criterion of social responsibility because it goes beyond societal expectations to contribute to the community's welfare.