In Terms of a Firm's Social Obligations, Which of the Following

Multiple Choice

In terms of a firm's social obligations, which of the following is true of philanthropic responsibility?

A) It refers to a firm's obligation to abide by the unwritten ethical standards, norms, and values of the communities in which it operates.
B) It refers to a firm's obligation to generate economic profits.
C) It refers to a firm's obligation to obey the written and codified laws of the countries in which it operates.
D) It refers to a firm's obligation to contribute to the enhancement of the communities in which it operates.