is characterized by a central planning approach wherein the are not considered when determining what is produced within the market. market economy, needs of the consumer socialist economy, supply curve mixed economy, actions of competitors command economy, needs of the consumer D Question 16 2 pts Social responsibility requires every organization to consider what voluntary obligation it has to the well being of society. When Patagonia engages in programs to save the natural environment it is participating in: corporate philanthropy. e corporate social initiatives. corporate policy corporate responsibility