Multiple choice

Corporate social responsibility is also known as

  1. corporate responsibility and corporate accountability

  2. corporate ethics, corporate citizenship or stewardship

  3. responsible entrepreneurship

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Corporate social responsibility (CSR) is also known as corporate responsibility and corporate citizenship. Since society is fundamentally based upon performance and profit, so it is necessary to impart a sense of corporate social responsibility with regard to modern commerce. The ethical approaches of purpose, principle and consequence are integral components of business social performance; itemising these contributions involves incorporating the interests of ethics and morality within the corporate structure.

Keep practicing — related questions