What is "corporate citizenship" as a social responsibility theory in business?
A)Businesses are responsible to even helping solve social problems that it did not cause.
B)Businesses owe a duty to take actions that increase profits for shareholders.
C)Businesses have a responsibility solely to its stakeholders, and should strive to maximize their well-being.
D)Businesses are obliged to consider the effects its actions have on persons other than its shareholders.

Question

Quizplus · Accepted Answer

Corporate citizenship as a social responsibility theory suggests that businesses have a responsibility to help solve social problems, even those they did not cause, reflecting a broader commitment to societal welfare beyond just profit-making.

What Is "Corporate Citizenship" as a Social Responsibility Theory in Business