SOCIAL RESPONSIBILITY AND MANAGERIAL ETHICS
·
What is
social obligation?
Social
obligation involves a firm engaging in social actions because of its obligation
to meet certain economic and legal responsibility.
·
What is
social responsiveness?
Social
responsiveness involves a firm engaging in social actions in response to some
popular social need.
·
What is
social responsibility?
Social
responsibility is a business’s intention to pursue long-term goals that are
good for society.














