Which concept refers to the fact that a business has the obligation to impact society on four levels⎯economic,legal,ethical,and philanthropic?

Name: Which concept refers to the fact that a business has the obligation to impact society on four levels⎯economic,legal,ethical,and philanthropic?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Social responsibility refers to the idea that businesses should balance profit-making activities with activities that benefit society, including economic, legal, ethical, and philanthropic responsibilities.

Which Concept Refers to the Fact That a Business Has