Asked by
Austin Busold
on Dec 13, 2024
Verified
Converting socially responsible ideas into actions involves careful planning and monitoring of programs. Many companies develop, implement, and evaluate their social responsibility efforts by means of a(n)
A) social audit.
B) financial audit.
C) action plan.
D) tactical plan.
E) research plan.
Social Audit
An evaluation of an organization's impact on society and its sustainability practices.
Financial Audit
An objective examination and evaluation of a company's financial statements to ensure they are accurate and comply with accounting standards.
Action Plan
A detailed strategy outlining the steps, resources, and timeline needed to achieve specific goals or objectives.
- Understand the procedures used in executing a social audit and its significance in assessing a company's commitment to social responsibility.
Verified Answer
BK
Learning Objectives
- Understand the procedures used in executing a social audit and its significance in assessing a company's commitment to social responsibility.