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17 August, 01:36

A company that decides to stop purchasing from a supplier in a developing country that uses child labor only after an organized boycott of their company causes a significant decline in revenues is applying which of the following approaches to social responsibility?

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  1. 17 August, 02:43
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    accomodative social responsibility approach

    Explanation:

    Accommodative social responsibility refers to a situation where a company decides that it must assume responsibility for its business activities and decides to solve any negative issues related to them.

    In this case, the company decided to assume its responsibility in purchasing from a vendor that uses child labor. By doing this, the company is assuming responsibility for its past mistakes and it is committed to not repeating them again.
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