Corporate social responsibility (CSR)is the obligation of organizational decision makers to make decisions and act in ways that recognize the interrelatedness of business and society.

Question

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Corporate social responsibility (CSR) refers to the ethical and responsible actions that businesses take to benefit society beyond their economic goals. It is about recognizing the impact of their operations on various stakeholders and taking steps to mitigate any negative effects while promoting positive contributions to society. Therefore, the statement is true that CSR is the obligation of organizational decision makers to make decisions and act in ways that recognize the interrelatedness of business and society.

Corporate Social Responsibility (CSR)is the Obligation of Organizational Decision Makers