WAEC Commerce 2016 Objective — Question 47

Question 47 of 50 from the West African Examinations Council (WAEC) Commerce 2016 Objective paper, with the correct answer and a full explanation.

47. If a business uses part of its profit to develop the area where it operates, the business is fulfilling its A. Economic responsibility B. marketing responsibility C. social responsibility D. managerial responsibility

A. Economic responsibility
B. marketing responsibility
C. social responsibilityCorrect
D. managerial responsibility

Explanation

Social responsibility is the act of making the environment which a firm operates feel the presence of the firm.

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