Which of the Following Statements Is True of Corporate Social

question 66

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) Many companies awoke to CSR only after being surprised by public responses to issues they had not previously thought were 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) An organization's discovery of the significance of CSR is never intentional; it is always a result of unexpected media attention.

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Definitions:

Sternum

A long flat bone located in the center of the chest, which connects to the ribs via cartilage and protects vital organs like the heart and lungs.

Attach Directly

Refers to a way in which structures, such as muscles or ligaments, connect with other structures without intermediaries.

Vertebral Foramen

The central opening or hole in each vertebra of the spine through which the spinal cord passes.

Spinal Cord

A long, thin, tubular structure made up of nervous tissue, which extends from the medulla oblongata in the brainstem down the vertebral column, facilitating neural connections between the brain and the body.