Corporate social responsibility is a commitment to improve community well-being through discretionary business practices and contributions of corporate resources.

Question

Quizplus · Accepted Answer

Corporate social responsibility (CSR) is a real and important commitment by businesses to improve community well-being through actions that go above and beyond legal and regulatory requirements. These actions may include charitable donations, volunteer work, reducing environmental impact, and ethical labor practices. The concept of CSR has become increasingly important over the past few decades, as consumers and investors place more value on responsible business practices.

Corporate Social Responsibility Is a Commitment to Improve Community Well-Being