Determining what is involved for a firm to be socially responsible
A) is easy.
B) varies even among those who are interested in corporate responsibility.
C) helps government officials develop appropriate legislation.
D) varies from industry to industry due to different laws.

Question

Quizplus · Accepted Answer

The concept of corporate social responsibility can vary among different stakeholders and even among those who are interested in it. There is no one fixed definition or criteria that can be universally applied to all firms. Therefore, determining what is involved for a firm to be socially responsible is subjective and can vary depending on the perspective of the stakeholders.

Determining What Is Involved for a Firm to Be Socially