Which of the following statements about social responsibility is not correct
a) Social responsibility dimensions include economic, legal, ethical, and philanthropic concerns.
b) Social responsibility deals with the total effect of all marketing decisions on society.
c) Social responsibility refers to a company's obligation to maximize its positive impact and minimize its negative impact on society.
d) Social responsibility is a vital factor in major marketing strategy decisions.
e) Social responsibility refers to principles and standards that define acceptable conduct in marketing as determined by various stakeholders.
Answer: e