Which of the following statements best describes Corporate Social Responsibility?

Which of the following statements best describes Corporate Social Responsibility?

 Options:

A. a corporation’s requirement to make as much profit as possible.
B. a corporation’s obligation to society that goes beyond the requirements of the law and economics to take into account the social and environmental impact of its decisions.
C. a corporation’s obligation to consider the impact of its decisions on the environment.
D. the duty of care a corporation has to its employees and customers.

The Correct Answer Is:

  • B. a corporation’s obligation to society that goes beyond the requirements of the law and economics to take into account the social and environmental impact of its decisions.

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