BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

STRATEGIC MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A type of international private business self-regulation that aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically-oriented practices.
A
Corporate Social Responsibility
B
Corporate Strategy
C
Corporate Planning
Explanation: 

Detailed explanation-1: -Corporate social responsibility (CSR) is a type of international private business self-regulation that aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically-oriented practices.

Detailed explanation-2: -Corporate Social Responsibility is a self-regulating business model that helps a company be socially accountable to itself, its stakeholders and the general public. Rather than simply preventing bad behaviours, a CSR approach upholds practices and policies that have a direct positive influence on society.

Detailed explanation-3: -Corporate social responsibility (CSR, also called corporate conscience, corporate citizenship, social performance, or sustainable responsible business/responsible business) is a form of corporate self-regulation integrated into a business model.

Detailed explanation-4: -CSR is generally categorized in four ways: environmental responsibility, ethical/human rights responsibility, philanthropic responsibility and economic responsibility.

Detailed explanation-5: -By practicing corporate social responsibility, also called corporate citizenship, companies can be conscious of the kind of impact they are having on all aspects of society, including economic, social, and environmental.

There is 1 question to complete.