Corporate social responsibility is a concern for
A) ensuring that the company earns maximum profits in a given year.
B) taking actions that will benefit society as well as the organization.
C) avoiding costly lawsuits by discouraging workers from suing.
D) making sure that individual employees follow company rules.

Question

Quizplus · Accepted Answer

Corporate social responsibility (CSR) refers to companies taking responsibility for their impact on society. It includes efforts that go beyond what may be required by regulators or environmental protection groups, aiming to contribute positively to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically-oriented practices. Thus, the correct answer is B) taking actions that will benefit society as well as the organization, as it encapsulates the essence of CSR by highlighting the dual focus on societal benefit and organizational interests.

Corporate Social Responsibility Is a Concern for