Which Statement Is Not True Regarding Corporate Social Responsibility (CSR)programs

question 98

Multiple Choice

Which statement is not true regarding corporate social responsibility (CSR) programs?

• A)CSR includes not only economic and legal issues but also a focus on ethics and accountability to stakeholders.
• B)CSR is the sole responsibility of the marketing department.
• C)CSR has been shown to improve employee retention.
• D)CSR has been shown to benefit companies by improving their brand image.
• E)CSR is an organization's obligation to maximize its positive impact and minimize its negative impact on society.

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Definitions:

Money Supply

The total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.

Inflation

Inflation denotes the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Capacity Utilization

A measure of how effectively an entity uses its production capacity to produce goods, expressed as a percentage of total potential output.

Cyclical Industry

An industry highly sensitive to the economic cycle, experiencing rapid growth in booming economies and significant declines during recessions.