Corporate social responsibility: Group of answer choices

a. is another name for ethics.

b. is another name for supplier diversity programs.

c. requires sacrificing financial gain for the greater good of the community.

d. refers to individual, not corporate, decisions and actions.

e. extends beyond ethics to include community, environment, and human rights

Question

Business

Carley

26 August, 15:09

Corporate social responsibility: Group of answer choices

a. is another name for ethics.

b. is another name for supplier diversity programs.

c. requires sacrificing financial gain for the greater good of the community.

d. refers to individual, not corporate, decisions and actions.

e. extends beyond ethics to include community, environment, and human rights

+1

Answers (1)

Know the Answer?

Baby Doll · Answer 1

Letter e is correct. Extends beyond ethics to include community, environment, and human rights

Explanation:

Corporate social responsibility refers to the voluntary commitment that companies have to make a contribution to the development of the society in which it operates, in addition to reducing its environmental impacts and ensuring the preservation of human rights. This is when the company implements beneficial actions that exceed those required by law.

In a globalized world, there is legal pressure from consumers, institutions, NGOs and the media to make companies not only profitable but also voluntary contributors to building a more egalitarian society.

The benefits added to companies that practice corporate social responsibility are diverse, with emphasis on improving community value and improving stakeholder satisfaction and perception.