Question

5. Companies do not have to be socially responsible to whom?
(a) Customers
(b) Employees

(c) Owerns/Investors
(d) Competitors
6. CSR stands for

(a) Customer satisfaction ratios
(b) Corporate sales returns
(c) Corporate social responsibility
(d) Customer sales ratios
7. State whether the following statements are 'True' or 'False':

(i) Environmental pollution is largely the result of industrial production.
(ii) Business ethics is not related to law.​

Answer 1

Answer:

competitors is the answer of this question.

Answer 2

5. Companion does not have to be socially responsible to be a competitor.

. A correct answer is (d)

. A correct answer is (d) 6. CSR stands for Corporate Social Responsibility.

The correct option is (c)

7. (i) True.

Large industrial production is the major polluters of the Earth. They use various kinds of metals and dump the wastes in the open causing hazardous effects on the environment.

(ii) True.

Business ethics is not related to business laws because something can be legally allowed to do but would not be morally correct. Business ethics usually focus on the moral ethics of the business.