Use the conversation below to answer the question below;<...
Use the conversation below to answer the question below;
MUSA: Taiwo why are you in business?
TAIWO: To optimize profit, provide quality products, and discharge my social responsibilities. What of you, Okon and Kalu
OKON: I am in business to cater to the needs of the consumers at all costs.
KALU: I am in business to make a profit, provided quality products at reasonable prices, and establish a good reputation for myself.
The businessman that may end up not discharging his social responsibility is--------------------
Musa
Okon
Taiwo
Kalu
Correct answer is D
In business, Social Responsibility is the idea that a company should play a positive role in the community and consider the environmental and social impact of business decisions.
From the conversation above, Kalu cares more about making profits and a good name for himself than the needs of the consumer and the environment in which he operates. He is likely to not live up to the social responsibilities he owes the society as a businessman.
Which of the following is not a means of transportation by water ...
Which of the following is the quickest and most accurate means id communication? ...
Re-exporting imported goods to another country is known as ........ trade. ...
Industry is a branch of production because it? ...
The management of evaluating the company's performance to determine whether it is achieving its ...
The lumbering of trees by a furniture company is an example of ...
Which of the following is an aspect of the marketing concept? ...