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Question 22 Corporate Social Responsibility (CSR)involves Acting as a Good Corporate Citizen Satisfying the Needs of Many Stakeholders,

Question

Question 22 Corporate social responsibility (CSR)involves acting as a good corporate citizen satisfying the needs of many stakeholders, and reducing adverse effects caused by the organisation's activities. True False 3 pts

Answer

4.3 (357 Votes)
Verificación de expertos
Ezekiel Elite · Tutor for 8 years

Answer

True

Explanation

## Corporate Social Responsibility (CSR) includes a company's commitment to act ethically, creating a balance between its business goals and the positive effect on all its stakeholders. ## Being a good corporate citizen entails giving positive influence to the society, fulfilling the expectation of stakeholders and mitigating any negative impacts, which are as a result of the organization's operations. So, the statement, "CSR involves acting as a good corporate citizen, satisfying the needs of many stakeholders and reducing adverse effects caused by the organisation's activities" is in line with the concept of CSR.