asked 72.0k views
1 vote
Corporate social responsibility combines a commitment to good corporate citizenship with a commitment to making ethical decisions, improving society, and minimizing environmental impact.

a)True
b)False

asked
User Mhartl
by
8.5k points

1 Answer

4 votes

Final answer:

The statement that corporate social responsibility encompasses a commitment to good corporate citizenship, ethical decision-making, improved societal impact, and environmental care is true.

Step-by-step explanation:

Corporate social responsibility (CSR) indeed combines a commitment to good corporate citizenship with a commitment to making ethical decisions, improving society, and minimizing environmental impact. This assertion is true. CSR encompasses the economic, social, and environmental aspects of a company's operations and how it can positively affect society. It involves a broad range of activities, including ethical business practices, environmental sustainability efforts, labor rights, and philanthropy.

Corporations are increasingly viewed as having a moral responsibility to various stakeholders, not just shareholders. This includes employees, customers, and the communities within which they operate. The ethical decisions made by corporations, including those related to emerging technologies, can have profound implications. Consequently, many corporations adopt codes of ethics and embrace principles of CSR to guide their conduct and operational practices.

answered
User AppleBee
by
7.0k points
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