A company following the virtuous circle of CSR will most likely:
A) become an add-on initiative-funding activities like philanthropy, environmental preservation, and community projects.
B) pursue a narrow stakeholder perspective focused on maximizing short-term profits.
C) pursue its own interests in competitive settings and make products that are profitable.
D) put society and the environment ahead of shareholders and stakeholders.
E) integrate socially responsible behavior into everyday business goals and activities for an improved financial performance.

Question

Quizplus · Accepted Answer

The best choice is E because it describes the virtuous circle of CSR as a process of integrating socially responsible behavior into everyday business goals and activities, which leads to improved financial performance. This approach considers both the interests of shareholders and stakeholders, as well as society and the environment. The other options are not aligned with the virtuous circle of CSR and do not reflect a comprehensive approach to corporate responsibility.

A Company Following the Virtuous Circle of CSR Will Most