ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
CULTURAL DIFFERENCES AND ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is one of the four pillars of a business’s social responsibility:
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Political responsibility
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Media responsibility
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Universal responsibility
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Economic responsibility
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Explanation:
Detailed explanation-1: -The four main types of CSR are environmental responsibility, ethical responsibility, philanthropic responsibility and economic responsibility. However, companies can also consider different forms of CSR, such as diversity and inclusion, governance, well-being and employee engagement.
Detailed explanation-2: -Legal, moral, ethical and economic.
Detailed explanation-3: -Environmental responsibility is the pillar of corporate social responsibility rooted in preserving mother nature.
Detailed explanation-4: -Socio-economic responsibility is an ethical framework and suggests an entity, be it an organization or individual, has an obligation to act for the benefit of society at large.
There is 1 question to complete.