Prime Industries Inc.is a large company producing a wide range of chemicals.The company recently installed a waste water treatment facility in its premises.It believes that releasing water containing chemical waste into the river would harm the entire population of the city.Thus,it is in the _____ stage of incorporating corporate social responsibility.
A) initial
B) second
C) tertiary
D) final
E) acquisition

Question

Quizplus · Accepted Answer

Companies go through four stages before they become fully vested in CSR.Companies in the initial or first stage only do what is required of them by law.The second stage is when companies engage in CSR for a short term financial benefit (such saving money on shopping bags).The third stage is engaging in CSR when the company believes it is the right thing to do regardless of the financial benefits,and the final stage is when a company believes that CSR activities must be done for the "well-being" of everyone.