Question

Which of the following is true regarding corporate social

responsibility?
A.Corporate social responsibility means "doing what's right" and doing it properly, which can be beneficial to allstakeholders.
B.The operations function plays a profound role in meeting corporate social responsibility.
C.Companies that practice corporate social responsibility introduce policies that consider​
environmental, societal, and financial impacts in their decision making.
D.All of the above

Answer 1

All of the options listed are true about corporate social responsibility: it encompasses doing right by all stakeholders, implicates operational functions, and involves policies considering a range of impacts.

Step-by-step explanation:

The concept of corporate social responsibility (CSR) embodies multiple truths about how corporations engage with society and the environment. Firstly, CSR indeed entails 'doing what's right' in a manner that benefits all stakeholders, including employees, customers, shareholders, and the community at large. Moreover, the operational functions of a business play a significant role in achieving CSR objectives as they are at the heart of day-to-day activities that impact society and the environment. Secondly, companies committed to CSR adopt policies that take into account a diverse range of impacts - from environmental and societal concerns to financial considerations - in their decision-making processes. Therefore, the correct answer to the question is D. All of the above.