Corporate social responsibility is the

Question

Quizplus · Accepted Answer

Corporate social responsibility refers to the obligation that businesses have to contribute to society and act in ways that benefit society as a whole. This includes being aware of the impact of their actions on people, communities, and the environment, and taking steps to mitigate any negative effects. Option A is describing ethics in general, not specifically corporate social responsibility. Option C is describing consequentialism, which is a moral theory, not corporate social responsibility. Option D is describing utilitarianism, another moral theory. Option E is describing shareholder theory, which is a different perspective on the role of businesses in society than corporate social responsibility.

Corporate Social Responsibility Is the