Click on the box next to each answer. Keep track of your own score.

1. In the context of a business organization, social responsibility has to do with its obligation to:
   • A. be a good corporate citizen in the community. INCORRECT Being a good citizen IS important.  One large   retailer seems to encounter resistance   whenever locating or relocating stores in   communities, while one large fast food organization   seems to encounter much less.  This is   possibly due to each brand's image associated   with charitable work, treatment of employees,   cleanliness of store grounds, and such.  Note that an organization often needs to toot its own   horn regarding its community activities and to   manage negative publicity with a deliberate   public relations strategy. Another answer is more complete, however.
   • B. being ethical - do what is right, just, and fair. INCORRECT It might be legal for corporate executives to take   multi-million dollar bonuses while laying off   tens of thousands of employees; it might be legal   for an organization to pay substandard wages to   employees who can only survive by using charity   services offered by hospitals, food banks, and   government agencies; it might be legal for an   organization to contract cleaning services with   a third party that is suspected of employing illegal   immigrants at sub-standard wages. Given that most people think that these activities are   not a morally right way to behave, the image of   brands and industries associated with such   activities is forever tarnished.  This   affects peoples' buying behaviors and lawmakers'   future actions. Another answer is more complete, however.
   • C. obey the law - play by society's rules. INCORRECT This one's easy: the written laws in any culture reflect   the values and ideals of that culture.    In some cultures, less needs to be codified in   law because societal rules are codified in the   prevailing religion.  In other cultures,   the law is codified by a recognized government,   leaving little doubt as to what are the rules   of behavior. Another answer is more complete, however.
   • D. be profitable for shareholders, employees, and society. INCORRECT An organization does indeed have an obligation to   return on investments made into it by shareholders   employees, and communities.  The personal greed of corporate managers who ran   financial institutions that have recently folded   has left shareholders without retirement nest eggs,   families without jobs, and a worldwide economy   in trouble.  Another answer is more complete, however.
   • E. none of the above. CORRECT This is a true trick question.  No one single answer   above is correct by itself; all are correct in   combination.  Hopefully, I tricked you into reading through them all.