JAMB - Commerce (2023 - No. 75)
If a business uses part of its profit to develop the area where it operates, the business is fulfilling its
marketing responsibilities
managerial responsibilities
economic responsibilities
social responsibilities
Explanation
Social responsibility means that individuals and companies must act in the best interests of their environment and society as a whole. It is also known as corporate social responsibilties.
Corporate social responsibility is a business model by which companies make a concerted effort to operate in ways that enhance rather than degrade society and the environment.
Corporate social responsibility is a business model by which companies make a concerted effort to operate in ways that enhance rather than degrade society and the environment.
Comments (0)
