Business Ethics & ValuesMCQQuestion 5793 of 6
All Questions

What is the primary goal of corporate social responsibility (CSR)?

Options

ATo increase shareholder wealth
BTo improve public image
CTo contribute to the well-being of society
DTo reduce costs
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Correct Answer

Option CTo contribute to the well-being of society

All Options:

  • ATo increase shareholder wealth
  • BTo improve public image
  • CTo contribute to the well-being of society
  • DTo reduce costs

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Detailed Solution & Explanation

Corporate social responsibility (CSR) is a business model that helps a company to be socially accountable — to itself, its stakeholders, and the public. The primary goal of CSR is to contribute to the well-being of society, while also considering the interests of stakeholders.
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