A Corporation with Profit Goals Can Have a CSR Strategy

question 30

Multiple Choice

A corporation with profit goals can have a CSR strategy if it ______.

• A)treats its customers responsibly
• B)pursues social objectives in addition to pursing profit
• C)maximizes its charitable contributions
• D)reinvests all its profits into the company

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Definitions:

Competent

Describes an individual or entity that possesses the required skill, knowledge, qualification, or capacity to perform a designated duty or role.

Cultural Values

The core principles and ideals that are shared by a community and guide behaviors and beliefs.

Competitive Strategy

Competitive strategy involves making business decisions that position an organization favorably against competitors in its industry to achieve superiority and success.

Standardization

Entails the process of implementing and developing technical standards to optimize compatibility, safety, repeatability, or quality.