___ refers to an organization's obligation to act in ways that serve its own interests as well as the interests of society at large.
A) A code of ethics
B) A moral code
C) A formal policy statement
D) Public accountability
E) Corporate social responsibility

Question

Quizplus · Accepted Answer

Corporate social responsibility (CSR) refers to the idea that businesses have a responsibility to act in ways that benefit society beyond just maximizing profits for their shareholders. This can include considerations such as environmental sustainability, ethical labor practices, and charitable giving. By engaging in CSR, organizations can build a positive reputation and improve relationships with stakeholders such as customers, employees, and local communities.

___ Refers to an Organization's Obligation to Act in Ways