The company that Don owns,the Ardmore General Store,is a family-owned company that has been in business for more than 100 years.Don wants to give back to the people of the community to acknowledge their role in the store's success.He decides to donate a significant portion of the store's profits to a charity every year.Don's decision is an example of ___ in action.
A)corporate social responsibility
B)corporate governance
C)a code of ethics
D)economic responsibility
E)legal responsibility

Question

Quizplus · Accepted Answer

Don's decision to donate a significant portion of the store's profits to a charity every year is an example of corporate social responsibility, which refers to a company's obligation to act in the best interest of society and the environment, beyond its financial obligations to shareholders.

The Company That Don Owns,the Ardmore General Store,is a Family-Owned