A company that undertakes an activity so that it can "do well by doing good" is practicing
A)strategic corporate social responsibility.
B)altruistic corporate social responsibility.
C)profit sharing.
D)the survivor principle.

Question

Quizplus · Accepted Answer

Strategic corporate social responsibility refers to a company's deliberate efforts to engage in activities that benefit society while also enhancing its own competitiveness and profitability. By doing good, the company is also doing well, and this approach is seen as a win-win strategy that meets both economic and social objectives. Altruistic corporate social responsibility, on the other hand, implies that the company is solely focused on helping others without any regard for its own interests, which is less common in practice. Profit sharing refers to the practice of distributing a portion of the organization's profits to its employees, while the survivor principle refers to the idea that only the fittest and most adaptable companies will survive in the long run.

A Company That Undertakes an Activity So That It Can