What type of firms recognize that including a strong social orientation in busi­ness is a sound strategy that is in both its own and its customers’ best interest?supply chain management firmssocially responsible firmstech savvy firmsInternet firms E. mobile marketing firms

Socially Responsible Firms. Correct option is B.

Explanation:

Socially Responsible Firms believe that they have the responsibility of operating within standards that will best benefit the environment and society at large.

Social Responsibility in business is called Corporate Social Responsibility.

Examples of companies acting socially responsible are as follows:

- volunteering in the society,

- philanthropy,

- investing in the environment,

- reducing the emission of green house gases,

- operating with fair labor policies, etc.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

one of the appeals of a sole proprietorship is that business expenses are kept separate from your personal income tax return