Ch 3: Social Responsibility of Businesses

About This Chapter

Reacquaint yourself with the social responsibility of businesses by looking through this chapter. To measure your current knowledge of this commerce topic, we provide self-assessment quizzes for every lesson, so you can easily find out exactly what you do and do not know about this topic as you study for an exam or catch up on missed class time.

Social Responsibility of Businesses - Chapter Summary

Allow this chapter to help you jog your memory about what you have learned concerning the social responsibility of businesses. Each lesson has been created to give you a deeper understanding of such concepts as business ethics, stakeholder benefits, remaining competitive in the market, and the results of improved social responsibility. At the end of this chapter, you will be better prepared to do the following:

  • Describe the social responsibility of corporations
  • Identify how effective environmental management can be beneficial
  • Define how social responsibility works in organizations
  • Compare the individual levels of corporate social responsibility

Most of the lessons in this chapter are in video format, which some users prefer, as videos create an interactive audio and visual learning environment. Beneath each video is a full lesson transcript. Reading through the transcripts after watching the videos can help you commit key details to memory. The vocabulary words and other important concepts are often set off in bolded or italicized lettering, making it easier for readers to spot key details. In many ways, the transcripts function as your personal set of study notes, which is an excellent tool to have right before an exam.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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