Which of the following statements is true about the sustainability theory of social responsibility?
A)It states that corporations should only focus on increasing shareholder wealth.
B)It exclusively focuses on the corporations' duty to protect the environment.
C)It states that focusing on the world's social and responsible problems will help corporations outperform their peers.
D)It states that corporations should think about social responsibility only after they establish themselves and achieve profitability.

Question

Quizplus · Accepted Answer

The sustainability theory of social responsibility suggests that corporations should focus on addressing the world's social and environmental problems. It believes that, by doing so, corporations can improve their performance and outperform their competitors. The theory goes beyond just increasing shareholder wealth, and it is not exclusively focused on protecting the environment. It also rejects the idea that social responsibility is only a concern once a corporation is profitable and established.

Which of the Following Statements Is True About the Sustainability