Ask Question
BusinessBusiness
31 December, 13:12

What type of firms recognize that including a strong social orientation in business is a sound strategy that is in both its own and its customers' best interest? supply chain management firmssocially responsible firmstech savvy firmsInternet firms E. mobile marketing firms

+2
Answers (1)
  1. 31 December, 16:17
    0
    Socially Responsible Firms. Correct option is B.

    Explanation:

    Socially Responsible Firms believe that they have the responsibility of operating within standards that will best benefit the environment and society at large.

    Social Responsibility in business is called Corporate Social Responsibility.

    Examples of companies acting socially responsible are as follows:

    - volunteering in the society,

    - philanthropy,

    - investing in the environment,

    - reducing the emission of green house gases,

    - operating with fair labor policies, etc.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What type of firms recognize that including a strong social orientation in business is a sound strategy that is in both its own and its ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Hillary has a new product idea that aligns well with her company's current organizational resources. She puts together a presentation for potential buyers and requests feedback on their reactions and suggestions. Hillary is a.
Answers (1)
Which financial transaction is associated with the home rental process? a. down payment b. closing fee c. deposit d. taxes, tags, and title fees
Answers (1)
If the bank suffers a deposit outflow of $50 million with a required reserve ratio on deposits of 10%, what actions can you take to keep your bank from failing? a. you can go to the discount window. b.
Answers (1)
If a 10 percent increase in both capital and labor causes output to increase by less than 10 percent, the production function is said to exhibit decreasing returns to scale.
Answers (1)
Sales of an evening dress at a department store rose sharply after it was endorsed by a celebrity, but demand for the dress diminished soon afterwards. Which type of fashion life cycle is this? a. classic b. recursive cycle c. fad d. extended fad
Answers (1)
New Questions in Business
What are implicit costs? an implicit cost is a. a cost that remains constant as output changes. b. the highest-valued alternative that must be given up to engage in an activity. c. a nonmonetary opportunity cost. d.
Answers (1)
When interest rates rise, how might businesses and consumers change their economic behavior?
Answers (1)
Which of the following statements is true according to the two-factor theory? A. Recognition is a hygiene factor. B. The hygiene factors tend to be intrinsic factors. C. Adequate hygiene factors ensure that people are not dissatisfied. D.
Answers (1)
What is the present value of a $100 perpetuity if the interest rate is 10%? Round your answer to the nearest cent.
Answers (1)
When a business wants to change an accounting method for tax reporting, such as the cost-flow method used for inventory, what body must give permission for the change?
Answers (1)
Home » Business » What type of firms recognize that including a strong social orientation in business is a sound strategy that is in both its own and its customers' best interest? supply chain management firmssocially responsible firmstech savvy firmsInternet firms E.
Sign Up Forgot Password?