BUSINESS ADMINISTRATION
BUSINESS LAW
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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social responsibility
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employment contract
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philanthropy
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confidentiality
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Detailed explanation-1: -Social responsibility in business, also known as corporate social responsibility (CSR), pertains to people and organizations behaving and conducting business ethically and with sensitivity towards social, cultural, economic, and environmental issues.
Detailed explanation-2: -What is Morality? Morality directs people to behave in certain ways and avoid behaving in other ways. It evaluates behavior as right or wrong and may involve measuring the conformity of a person’s actions to a code of conduct or set of principles.
Detailed explanation-3: -Corporate social responsibility, or CSR, is a form of self-regulation that reflects a business’s accountability and commitment to contributing to the well-being of communities and society through various environmental and social measures.
Detailed explanation-4: -Corporate culture refers to the beliefs and behaviors that determine how a company’s employees and management should interact and perform. It can affect employee hiring and retention, performance and productivity, business results, and company longevity.
Detailed explanation-5: -Economic corporate responsibility. Economic responsibility refers to the practice of making financial decisions based on a commitment to doing good.