A company's obligations to society, including the welfare of people and places affected by company activities is called _____.

Question

Quizplus · Accepted Answer

Corporate social responsibility refers to the ethical and moral obligations that a company has towards society and the environment in which it operates. This includes taking responsibility for the impact of their actions on stakeholders, such as employees, customers, suppliers, the local community, and the environment. It involves behaving ethically and engaging in sustainable practices that benefit society as a whole. Other options like Ponzi scheme, ethics, integrity, and green business are not related to a company's obligations towards society.

A Company's Obligations to Society, Including the Welfare of People