Senior management at Value Products is attending a corporate retreat, and the first item for discussion is corporate social responsibility (CSR). The group has discussed this before and then shot it down because it generally costs Value Products' shareholders in the form of reduced distributions. But the new VP, Isabella, is about to explain why she believes CSR will actually benefit the shareholders and Value Products management alike. Her team begins the presentation with a discussion of CSR, both its current definition and reconciliation of past views. Scott then discusses the importance of being a good global corporate citizen by supporting the local school system. Jessica takes the floor to make the case for doing what is expected by global stakeholders even though there are no laws requiring those actions. Finally, Valentina wraps up the discussion by defining why Value Products should take legal responsibility for the firm's performance.Jessica's presentation most likely focused on the ________ responsibility of the firm.

Question

Quizplus · Accepted Answer

Jessica's presentation, which emphasized doing what is expected by global stakeholders even in the absence of legal requirements, aligns with the concept of ethical responsibility. This involves going beyond mere compliance with laws to meet broader societal expectations.

Senior Management at Value Products Is Attending a Corporate Retreat