In the business world, social responsibility refers to:
A) decisions individuals make about what is right and wrong in a particular society.
B) attempts to earn the highest possible return for the owners of a business.
C) the obligation of an organization to contribute to society.
D) the obligation of an organization to do what may be ethical even if it is illegal.

Question

Quizplus · Accepted Answer

Social responsibility in the business world refers to the obligation that organizations have to contribute to society. This can take many forms, such as supporting local communities or implementing environmentally friendly practices. While organizations do have a responsibility to earn profits for their owners, this should not come at the expense of social and environmental concerns. Choosing what is ethical over what is legal is also important, but social responsibility goes beyond just avoiding illegal actions.

In the Business World, Social Responsibility Refers To