Which of the Following Statements Is True of Corporate Social

question 13

Multiple Choice

Which of the following statements is true of corporate social responsibility (CSR) ?

• A)The social contract approach to CSR states that the only obligation of a corporation is to maximize profits for its shareholders.
• B)The awakening to CSR for most companies happened only after being surprised by public responses to issues that had not previously been a part of their business responsibilities.
• C)The instrumental approach to CSR states that a corporation has an obligation to society over and above the expectations of its shareholders.
• D)The ideology of CSR speaks about doing no harm, fostering trust, and improving "customer confidence in the integrity of the marketing exchange system."

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Definitions:

Primary Data Collection

The process of gathering first-hand information directly from sources for research or analysis.

Human Editors

Individuals who review, correct, and enhance written text to improve its readability, accuracy, and quality.

Feedback Reports

Documents compiling observations, critiques, and recommendations following assessment of activities or performance.

Research Ethics

Principles and guidelines that govern the conduct and methodologies of scientific and scholarly investigation, emphasizing integrity, respect, and responsibility.