Question

All definitions of Corporate Social Responsibility recognize that ________________________.

• A. Companies have a responsibility for their impact on society and environment
• B. The natural environment should be the main focus of CSR activities.
• C. Business ethics is a complex issue.
• D. Companies must pay equal attention to business ethics and sustainability.

Answer 1

The correct option is A Companies have a responsibility for their impact on society and environment

The term Corporate Social responsibility refers to the concept of business being accountable for how it manages the impact of its processes on stakeholders and takes responsibility for producing a positive effect on society.

CSR is a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis.