QUESTION IMAGE
Question
multiple choice question
a firms economic responsibility involves its obligation to be:
benevolent
law - abiding
profitable
honest
Brief Explanations
A firm's economic responsibility is centered around generating profits to sustain operations, meet stakeholder needs, and grow. "Benevolent" relates to philanthropic responsibility, "law - abiding" to legal responsibility, and "honest" to ethical responsibility. So the key aspect of economic responsibility is being profitable.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
C. profitable