The way in which a business tries to balance its commitments to groups and individuals in its social environment is called ________.
A) business ethics
B) socialization
C) corporate responsibility
D) social responsibility

Question

Quizplus · Accepted Answer

Social responsibility refers to the way a business balances its commitments to various stakeholders, including groups and individuals in its social environment, by acting ethically and contributing to economic development while improving the quality of life of the workforce and their families, as well as the local community and society at large.

The Way in Which a Business Tries to Balance Its