____ is an extension of the idea of managerial ethics and refers to management's obligation to make choices and take action so that the organization contributes to the welfare and interest of all organizational stakeholders.

Question

Quizplus · Accepted Answer

Corporate Social Responsibility (CSR) is a concept that refers to an organization's duty to act in a way that benefits not only its owners or shareholders but also all of its stakeholders, including employees, customers, suppliers, and the broader community. This involves taking responsibility for the impact of the organization's activities on the environment, society, and the economy. This concept goes beyond compliance with legal and regulatory requirements and involves proactive efforts to improve the well-being of all stakeholders.

____ Is an Extension of the Idea of Managerial Ethics