Some multinational organizations have acknowledged a moral obligation to utilize their power to enhance social welfare in the communities where they do business.

Question

Quizplus · Accepted Answer

Many multinational organizations have recognized their responsibility to contribute to the overall well-being of the communities in which they operate, in addition to generating profits for their shareholders. This idea is known as corporate social responsibility (CSR), and it involves using the power and resources of a company to address social and environmental issues and promote sustainable development. Many companies engage in community service, philanthropy, and sustainable business practices as part of their commitment to CSR.

Some Multinational Organizations Have Acknowledged a Moral Obligation to Utilize