The definition of corporate social responsibility as the actions of an organization that prioritize social benefit over maximizing profits and meeting legal obligations assumes that:

Question

Quizplus · Accepted Answer

The definition of corporate social responsibility does not assume anything about the organization's market share or growth strategy. However, it does assume that the organization is operating in a competitive environment where maximizing profits is a priority, hence the need for prioritizing social benefit over profits. Additionally, it does not assume anything about the laws of the country, as the organization can prioritize social benefit even in restrictive legal environments.

The Definition of Corporate Social Responsibility as the Actions of an Organization