Which term describes how companies contribute to the well-being of society?

Question

Quizplus · Accepted Answer

Social responsibility refers to a company's voluntary actions to improve the well-being of society, including environmental protection, community involvement, and ethical business practices. A code of conduct and a business ethic are related concepts but do not specifically encompass societal well-being. Ethical responsibility is a broader term that includes societal well-being but can also refer to an individual's personal actions and values.

Which Term Describes How Companies Contribute to the Well-Being of Society