Social Responsibility

A Business Has Responsibilities to:

• Employees

• Customers

• Society

• Creditors and Owners

What is a social responsibility to customers?

• Fair pricing and quality products

• Diverse workforce

• Fair pay

• Employee wellness programs

(True or False) Social responsibility takes into account all that a business does or does not do to solve problems of society.

• True

• False

An advantage of being socially responsible is increased government regulation.

• True

• False

What is one advantage to a business of being socially responsible?

What is a social responsibility to the community?

• Safe working conditions

• Environmental protection

• Employee wellness programs

• None of these

(True or False) Having workforce diversity and treating employees fairly are part of a business's social responsibility to its workers.

• True

• False