The _____ view of CSR approaches business decisions with the understanding that economic and social progress are interconnected.
A) shared value
B) classical
C) post-modern
D) socioeconomic
E) ethnocentric

Question

Quizplus · Accepted Answer

The shared value view of CSR recognizes that economic and social progress are interconnected and that businesses can create value for themselves and society by addressing social challenges through their core business activities. Option B, classical view considers only economic interests of the business, option C, post-modern view argues against the concept of a single objective CSR, option D, socioeconomic view is not a generally recognized CSR approach, and option E, ethnocentric view is a perspective that places one's own culture at the center of interpretation and evaluation of CSR.

The _____ View of CSR Approaches Business Decisions with the Understanding