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All of the Following Statements Regarding Corporate Social Responsibility Are

Question 43

Multiple Choice

All of the following statements regarding corporate social responsibility are true except


A) firms believe that they have legal and economic duties in addition to responsibilities to society.
B) a firm's responsibilities to society are not associated with the demands, expectations, requirements, and desires of various stakeholders.
C) CSR can be defined as context-specific actions and policies, taking stakeholders' expectations into account, to achieve what is referred to as the triple bottom line.
D) today, virtually all large and well-known companies engage in some form of CSR.
E) CSR actions are voluntary.

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