Question

Corporate social responsibility (CSR) is the obligation Multiple Choice

- toward society assumed by business.
- to produce goods and services that satisfy its obligations to investors.
- of salespeople to increase revenue through innovative techniques.
- of businesses to meet all industrial norms to gain certification.
- of consumers to obey local, state, federal, and relevant international laws.

Answer 1

The correct answer is: toward society assumed by business.

Step-by-step explanation:

Corporate social responsibility is a business model that helps companies be socially responsible. It refers to the efforts a business makes to have a positive impact on society.

There are different types of corporate social responsibility, namely,

1. Environmental Sustainability Initiatives
2. Direct Philanthropic Giving
3. Ethical Business Practices
4. Focus on Economic Responsibility

The main aim of corporate social responsibility is to ensure that companies are operating ethically. This involves taking account of their economic, social and environmental impact.