An organization is meeting its discretionary responsibility when it

A) is in compliance with the law and requirements of various external regulations.
B) voluntarily moves beyond basic economic, legal, and ethical expectations to provide leadership in advancing social well-being.
C) earns a profit through provision of goods and services desired by customers.
D) voluntarily conforms to legal expectations as well as broader values and moral expectations of society.
E) anticipates socially responsible behaviour.

Discretionary Responsibility

Discretionary responsibility refers to the voluntary actions and decisions made by a company to benefit society or the environment, beyond what is legally required.

Social Well-Being

A condition in which an individual or community experiences positive relations, satisfaction, and a high quality of life within their social context.

Economic Expectations

Predictions or outlooks regarding economic conditions, such as growth, inflation, and employment, which can influence financial and business decisions.