Question

The central government has legally mandated which among the to contribute positively to the society?

• A. Corporate Economic Responsibility
• B. Corporate Societal Responsibility
• C. Corporate Public Responsibility
• D. Corporate Social Responsibility

Answer 1

The correct option is D Corporate Social Responsibility

Corporate Social Responsibility (CSR) is an act of incorporating environmental and social concerns into a company’s planning and operations. They center around the idea that businesses can make the world a better place, or at the very least, reduce their negative social and environmental footprint. The central government has legally mandated corporates to donate a small part of their profits to CSR initiatives.