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The essence of \"Corporate Social Responsibility\" (CSR) is that: The profits of

ID: 361449 • Letter: T

Question

The essence of "Corporate Social Responsibility" (CSR) is that:

The profits of a company increase when it donates to charitable organizations because it receives a huge tax benefit.

By serving economic and charitable goals the company meets broader needs in society while at the same time serving the needs of the stockholders and focusing on profits.

Corporate leaders should just be "good people" because it is the right thing to do.

A company's only social responsibility it is to make money!

a.

The profits of a company increase when it donates to charitable organizations because it receives a huge tax benefit.

b.

By serving economic and charitable goals the company meets broader needs in society while at the same time serving the needs of the stockholders and focusing on profits.

c.

Corporate leaders should just be "good people" because it is the right thing to do.

d.

A company's only social responsibility it is to make money!

Explanation / Answer

Ans: B - By serving economic and charitable goals the company meets broader needs in society while at the same time serving the needs of the stockholders and focusing on profits.

Corporate Social Responsibility is the companies acts related to their responsibility for prevention and maintenance towards environment and social betterment of society. Normally company’s actions affect environment and society and to make sure it don’t affect negatively is CSR.

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