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WAEC Commerce 2016 Question 47

Question 47

Business Environment and Social Responsibility

If a business uses part of its profit to develop the area where it operates, the business is fulfilling its

  1. A.economic responsibility.
  2. B.marketing responsibility.
  3. C.social responsibility.
  4. D.managerial responsibility.
Show the answer and explanation

Answer: C (social responsibility.)

Explanation

Developing the host community is part of a firm's social responsibility.