According to the Textbook,which Driving Force of Corporate Social Responsibility

question 18

Multiple Choice

According to the textbook,which driving force of corporate social responsibility is most important?

• A)Affluence,because without money and care about social issues,CSR initiatives are moot
• B)Communication,because companies must successfully communicate with their stakeholders to remain profitable
• C)Sustainability,because addressing environmental issues is critical to the continuing success of businesses
• D)The forces are all equally important and work together.

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Definitions:

Autonomous Consumption

The level of consumption that occurs when income is zero, representing the expenditures that consumers must make even when they have no income.

Disposable Income

Refers to the funds that individuals can spend or save after all income taxes are deducted.

Total Consumption

The aggregate amount of goods and services consumed in an economy, including individual and governmental consumption.

Saving

The portion of income not spent on current expenditures or taxes, often put aside for future use or investment.