Which of the following statements about corporate social responsibility is true?

Question

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Corporate social responsibility can be identified through a situational analysis, which involves examining the company's internal and external environment to identify potential opportunities and threats. This can help companies identify areas where they can engage in socially responsible activities that align with their values and business objectives.

None of the other statements are true. Marketers do not universally agree on the importance of corporate social responsibility, as there is debate about whether it is necessary or effective. Skeptics of corporate social responsibility may not necessarily believe in the importance of sustainability; they may simply question the idea that businesses have a responsibility to contribute to social welfare. Lastly, corporate social responsibility does not focus solely on economic performance, as it also involves environmental and social concerns.

Which of the Following Statements About Corporate Social Responsibility Is