Asked by Camilla Fernandez on Jul 04, 2024
Verified
Which of the following terms refers to treating social outcomes and financial outcomes as complementary, rather than competing outcomes?
A) Astroturfing
B) Organizational citizenship behavior
C) Greenwashing
D) Conscious capitalism
Conscious Capitalism
A business philosophy that emphasizes operating with a broader ethical perspective to benefit all stakeholders.
Social Outcomes
The consequences or results of actions and policies on societal structures, relations, and well-being, including impacts on equality, access to resources, and quality of life.
- Gain insight into the ethical and legal aspects involved in human resource management, specifically regarding discrimination and the principle of social responsibility.
Verified Answer
ZK
Zybrea KnightJul 05, 2024
Final Answer :
D
Explanation :
Conscious capitalism is a business philosophy that emphasizes the importance of serving the interests of all major stakeholders in a company—including employees, customers, shareholders, society, and the environment. It treats social and financial outcomes as complementary, rather than competing, aiming for a harmonious balance that benefits both society and the bottom line.
Learning Objectives
- Gain insight into the ethical and legal aspects involved in human resource management, specifically regarding discrimination and the principle of social responsibility.
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