What Is "Corporate Citizenship" as a Social Responsibility Theory in Business

question 5

Multiple Choice

What is "corporate citizenship" as a social responsibility theory in business?

• A)Businesses are responsible to even helping solve social problems that it did not cause.
• B)Businesses owe a duty to take actions that increase profits for shareholders.
• C)Businesses have a responsibility solely to its stakeholders, and should strive to maximize their well-being.
• D)Businesses are obliged to consider the effects its actions have on persons other than its shareholders.

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Definitions:

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Wealth and power refer to the accumulation of valuable resources and the ability or capacity to control or influence others, respectively.

Physical Appearance

The outward look of an individual, including features, expressions, and overall visual impression.

Cerebral Cortex

The outer layer of neural tissue of the cerebrum in the brain, crucial for complex cognitive processes such as thought, memory, and consciousness.

Evolutionary Psychology

A methodology within the natural and social sciences, focusing on understanding the mind's architecture from a current evolutionary standpoint.