Which of the following statements accurately describes corporate social responsibility (CSR)?
A) CSR promotes the view that companies should single-mindedly focus on shareholders alone.
B) CSR is limited to the notion of encouraging businesses to "just be nice" to society.
C) CSR provides a conceptual model that more completely describes a society's expectations.
D) CSR is based on the tenet that the needs of both internal and external stakeholders are the same.

Question

Quizplus · Accepted Answer

Corporate social responsibility (CSR) provides managers with a conceptual model that more completely describes a society's expectations and can guide strategic decision making more effectively.

Which of the Following Statements Accurately Describes Corporate Social Responsibility