___ refers to the way in which a business tries to balance its commitments to ___.

Question

Quizplus · Accepted Answer

Corporate social responsibility (CSR) refers to a business's approach to taking responsibility for its impact on society and the environment. This includes balancing the needs and expectations of all organizational stakeholders, such as employees, customers, suppliers, and the wider community. Therefore, option B is the most appropriate choice as it mentions CSR and balancing commitments to both organizational stakeholders and society as a whole. Option A is also partially correct, but it only refers to business ethics, which is a narrower concept than CSR. Option C only mentions investors, which is not representative of all organizational stakeholders, while option D mentions the government, which is only one of the stakeholders and not the entire society.

___ Refers to the Way in Which a Business Tries