Voluntary responsibilities are optional activities that promote human welfare or goodwill.

II. Direction: Write TRUE if the statement is correct otherwise choose FALSE. __________1. One of the major social responsibilities for businesses is to provide equal opportunities and fair treatment among employees.__________2. When a company creates and implements ethical standards and policies, unethical behavior would most likely be reduced. __________3. Voluntary responsibilities are optional activities that promote common good.__________4. In the absence of a code of ethics, employees most likely model their actions on their peers and superiors.__________5. Fairness and honesty were considered as the heart of business ethics. __________6. The professional code of ethics outlines standardized and formalized rules which described what the company expects of its employees__________7. Since all ethical standards are universally accepted, so they do not depend on a particular culture in which the business is practicing.__________8. Sustainability involves conducting activities that provide a long-term benefit to the natural environment.__________9. Businesses are encouraged to conform to society's norms and values as mandated by laws and regulations._________10. Corporate citizenship is the extent to which businesses meet the legal, ethical, economic, and voluntary responsibilities given to them by the owners.​