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Questions and Answers

Which of the following best describes social responsibility?

  • The act of businesses maximizing shareholder value
  • The act of businesses driving change
  • The act of businesses prioritizing profits
  • The act of businesses benefiting society (correct)

    • Who is increasingly valuing social responsibility?

  • Critics of businesses
  • Younger generations (correct)
  • Society as a whole
  • Investors and consumers

    • What is the traditional argument against social responsibility for businesses?

  • Businesses prioritize the environment
  • Businesses prioritize their own interests
  • Businesses prioritize shareholder value (correct)
  • Businesses prioritize society as a stakeholder

    • What do individuals and companies need to consider when practicing social responsibility?

    <p>The interests of society as a whole</p> Signup and view all the answers

    Why are younger generations embracing social responsibility?

    <p>To drive change</p> Signup and view all the answers

    Which of the following is a key aspect of social responsibility in business?

    <p>Behaving ethically and understanding social issues</p> Signup and view all the answers

    What does CSR stand for?

    <p>Corporate Social Responsibility</p> Signup and view all the answers

    What does social responsibility in business entail?

    <p>Behaving ethically and considering social, cultural, economic, and environmental issues</p> Signup and view all the answers

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