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The term _____ refers to a business's obligation to maximize its positive impact and minimize its negative impact on society.
a. social citizenship
b. social strategy
c. social rule
d. social responsibility

Sagot :

The term (D) social responsibility refers to a business's obligation to maximize its positive impact and minimize its negative impact on society.

What do we mean by social responsibility?

  • Social responsibility is an ethical structure in which an individual is obligated to collaborate and work with other people and groups for the benefit of the community that will inherit the world that the individual leaves behind.
  • The term social responsibility refers to a company's obligation to maximize its positive impact on society while minimizing its negative impact.
  • Every individual is responsible for maintaining a balance between the economy and the ecosystem in which they live.
  • There may be a trade-off between material economic development and the welfare of society and the environment.
  • Social responsibility applies not only to businesses but to anyone whose actions have an impact on the environment.

Therefore, the term (D) social responsibility refers to a business's obligation to maximize its positive impact and minimize its negative impact on society.

Know more about social responsibility here:

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