What is the primary focus of corporate social responsibility (CSR) in a business environment?
Practice Questions
1 question
Q1
What is the primary focus of corporate social responsibility (CSR) in a business environment?
Maximizing profits at all costs
Enhancing shareholder value
Contributing positively to society and the environment
Reducing operational expenses
Corporate social responsibility (CSR) emphasizes the importance of businesses contributing positively to society and the environment while conducting their operations.
Questions & Step-by-step Solutions
1 item
Q
Q: What is the primary focus of corporate social responsibility (CSR) in a business environment?
Solution: Corporate social responsibility (CSR) emphasizes the importance of businesses contributing positively to society and the environment while conducting their operations.
Steps: 5
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.
