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madam [21]
4 years ago
6

Social responsibility is the conscious effort to operate in a manner that creates a win-win situation for _______.

Business
1 answer:
Lera25 [3.4K]4 years ago
6 0

Answer:

Social responsibility is the conscious effort to operate in a manner that creates a win-win situation for all b. <u>all stakeholders</u>.

Explanation:

Social responsibility of a business refers to it's responsibilities towards society at large which means contributing to social welfare like providing amenities such as drinking water and sanitation.

A Business operates under social bounds. So it owes a responsibility to the society.

Stakeholders of a business include:

  • Customers
  • Suppliers
  • Employees
  • Shareholders
  • Owners

So a business should discharge it's social responsibility by operating in such a manner which is conducive for each of those stakeholders who represent the society, which creates a win-win situation for those representatives of the society.

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Answer:

<em>.C. cash cow businesses with an excellent financial fit</em>

Explanation:

With an unrelated diversification strategy, the types of companies that make particularly attractive acquisition targets are:A. struggling companies with good turnaround potential, undervalued companies that can be acquired at a bargain price, and companies that have bright growth prospects but are short on investment capital.B. companies offering the biggest potential to reduce labor costs.C. cash cow businesses with an excellent financial fit.D. companies that are market leaders in their respective industries.E. companies that are employing the same basic type of competitive strategy as the parent corporation’s existing businesses.

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