Which of the Following Statements Is True of the Social

Multiple Choice

Which of the following statements is true of the social responsibilities of a business?

A) A firm's ethical responsibilities go beyond its legal responsibilities.
B) Shareholders mandatorily require a firm to perform its ethical and philanthropic responsibilities.
C) Ethical responsibilities are the foundational building block of a firm's social responsibility.
D) Legal responsibilities are often subsumed under the idea of corporate citizenship, reflecting the notion of voluntarily giving back to society.