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.
Correct Answer:
Verified
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