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What is the primary focus of corporate social responsibility (CSR) in a business

Practice Questions

Q1
What is the primary focus of corporate social responsibility (CSR) in a business environment?
  1. Maximizing profits at all costs
  2. Enhancing shareholder value
  3. Contributing positively to society and the environment
  4. Reducing operational expenses

Questions & Step-by-Step Solutions

What is the primary focus of corporate social responsibility (CSR) in a business environment?
  • Step 1: Understand that corporate social responsibility (CSR) is about how businesses behave.
  • Step 2: Recognize that CSR means businesses should not only focus on making money.
  • Step 3: Learn that CSR encourages businesses to help society and the environment.
  • Step 4: Realize that this can include actions like reducing pollution, supporting local communities, and treating employees well.
  • Step 5: Conclude that the primary focus of CSR is to ensure businesses are responsible and contribute positively to the world.
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