Corporate ___________ is the concern businesses have for the welfare of society.
A)philanthropy
B)responsibility
C)policy
D)social responsibility

Question

Quizplus · Accepted Answer

Corporate social responsibility refers to the ethical and moral obligations that a business has towards the society in which it operates. It involves identifying the impact of the company's activities on society and the environment, and taking steps to mitigate any negative effects while also contributing positively to society. Option A is not the best choice as philanthropy is only a part of corporate social responsibility, while option B and C are too general and do not specifically refer to the responsibility towards society.

Corporate ___________ Is the Concern Businesses Have for the Welfare