Teaching Business Studies Social Responsibilities Of Business And Business Ethics Question Bank MCQ - Social Responsibility of Business

  • question_answer
    Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?
    Assertion (A) Legal obligations are the compulsions which should be followed as per the provisions of law.
    Reason (R) Social responsibility is the voluntary action on the part of business for its society.
    Codes

    A)                                  Both A and R are true and R is the true explanation of A

    B)  Both A and R are true, but R is not the correct explanation of A

    C)  A is true, but R is false

    D)  A is false, but R is true

    Correct Answer: B


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