What is social responsibility?
A) a business' obligation to pursue policies, make decisions, and take actions that benefit society
B) a business tactic used to create relationship bonds with customers
C) what companies are obliged legally to do to protect their external environments
D) a business' responsibility to its shareholders
E) the fact that businesses are responsible for monitoring their social environments so they can satisfy the needs of their customers

Question

Quizplus · Accepted Answer

Social responsibility is focused on society in general rather than individual customers. Legal obligations are only one element of social responsibility. Shareholders are only one group to whom companies may be socially responsible.

What Is Social Responsibility