Corporate social responsibility can be described as:
A) corporations placing profit and the interests of shareholders above all other considerations.
B) corporations producing as many goods and services as possible so as to increase the living standards of people around the world.
C) corporations paying all workers the same wages, regardless of their job.
D) corporations conducting their operations in an ethical manner, especially in poorer countries, so as not to harm local cultures, local enterprises and the environment.
E) corporations acting in a not-for-profit manner so that goods and services are provided for those who need them, and without a profit motive.

Question

Quizplus · Accepted Answer

Corporate social responsibility refers to the ethical and responsible behavior of corporations towards society, including their impact on the environment and local communities. Option D correctly describes this concept by highlighting the need for corporations to conduct their operations in an ethical manner, especially in poorer countries, to avoid causing harm to local cultures, enterprises, and the environment. Options A, B, C, and E do not accurately describe corporate social responsibility.

Corporate Social Responsibility Can Be Described As