Question

Which of the following is not something a company should usually consider in crafting a strategy of social responsibility?

1) Profit maximization
2) Environmental impact
3) Employee satisfaction
4) Community development

Answer 1

A company should consider environmental impact, employee satisfaction, and community development in crafting a strategy of social responsibility. Profit maximization, however, is not usually a consideration in this context.

Step-by-step explanation:

In crafting a strategy of social responsibility, a company should usually consider various factors, including environmental impact, employee satisfaction, and community development. However, profit maximization is not something a company should usually consider in this context.

While profit is a key objective for businesses, social responsibility focuses on ethical and sustainable practices that benefit society as a whole. Prioritizing profit maximization without considering the impact on the environment, employees, and the community can lead to negative consequences and reputational damage for the company.