The outdoor clothing company Patagonia, Inc. pledges one percent of its annual revenue to environmental causes around the world. Founders of the company believe they have an obligation to contribute to society. This is an example of _____.

Question

Quizplus · Accepted Answer

Patagonia's pledge to donate one percent of its annual revenue to environmental causes is an example of social responsibility, which involves businesses taking actions that benefit society beyond their immediate financial interests.

The Outdoor Clothing Company Patagonia, Inc