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Foundations of Business (MindTap C...

6th Edition
William M. Pride + 2 others
Publisher: Cengage Learning
ISBN: 9781337386920

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BuyFindarrow_forward

Foundations of Business (MindTap C...

6th Edition
William M. Pride + 2 others
Publisher: Cengage Learning
ISBN: 9781337386920
Chapter 2.9D, Problem 2CC
Textbook Problem
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What is the social audit? Who should prepare a social audit for the firm?

Summary Introduction

To determine: The meaning of social audit and the person who prepares the social audit of the firm.

Introduction: A social audit is an authorized assessment of a business’s contribution in social responsibility venture or activities. Social responsibility alludes to the business morals idea of being responsible for affecting society and culture. Morals values play a significant part in the modern period of business.

Explanation of Solution

The meaning of social audit and the person who prepares the social audit of the firm are as follows:

Social audit is a complete report of what a business has done and is doing concerning social issues that influence it...

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