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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