Which are the two components of CSR as per the virtue matrix?

Question

Quizplus · Accepted Answer

According to the virtue matrix, CSR has two components: instrumental and intrinsic. The instrumental component refers to the tangible benefits and outcomes that CSR activities can bring to a company, such as increased profits, enhanced brand reputation, and reduced risks. The intrinsic component, on the other hand, relates to the moral and ethical dimensions of CSR, such as the company's responsibilities towards its stakeholders, the environment, and society at large. Therefore, only option D, which includes both instrumental and intrinsic components, is the correct answer. The tool divides corporate social responsibility into two components: instrumental and intrinsic.

Which Are the Two Components of CSR as Per the Virtue