Social responsibility is a concept of ethics that businesses should act in the interests of society at large, taking into consideration __________________________.

Question

Quizplus · Accepted Answer

Social responsibility in business emphasizes the importance of considering the interests of all stakeholders, including employees, customers, suppliers, and the wider community, not just the shareholders. This approach encourages businesses to make decisions that benefit society as a whole, beyond just focusing on profit maximization for shareholders.

Social Responsibility Is a Concept of Ethics That Businesses Should