The following statement about responsibility in business is …

JAMB Commerce 2023 322 views
Source: JAMB · 2023

The following statement about responsibility in business is correct except:

  1. Responsibility is about the duties assigned to individuals within an organization.
  2. Responsibility can be delegated to others.
  3. Responsibility is solely about financial obligations. ✓
  4. Responsibility involves the ethical implications of business decisions.
Explanation

Responsibility in business means duties given to a person. It can be delegated and it carries ethical weight in decisions.

So the statement that it is solely about financial obligations is wrong. Responsibility also covers tasks, honesty and care for others, not just money.

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