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Practices and policies that a business may implement to take an active and positive social role in the world.Group of answer choicesCorporate Social ResponsibilityCommodity tradingSubsidiaryInternational accountability

Question

Practices and policies that a business may implement to take an active and positive social role in the world.Group of answer choicesCorporate Social ResponsibilityCommodity tradingSubsidiaryInternational accountability

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Solution

The answer to your question is Corporate Social Responsibility. This term refers to the practices and policies that a business may implement to take an active and positive social role in the world. It includes actions that go beyond what may be required by regulators or environmental protection groups.

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Required informationSkip to questioniSeeIt!: Corporate Social Responsibility This brief video describes the role of a business in relation to its environment. This concept is referred to as Corporate Social Responsibility. This activity is important, because businesses are often viewed and judged by consumers and the community for their overall ability to positively impact the environment through social programs, ethically sourced products, and hiring practices. The goal of this exercise is to demonstrate your understanding of the actions that lead toward a positive public image and good corporate citizenship. Click the ► button to watch the video. Then, answer the questions that follow. When companies follow the key factors of Corporate Social Responsibility, a ________ usually results, thus ________.Multiple Choicepositive public image; repelling more customersnegative public image; attracting more customersnegative public image; repelling more customerstax benefit; increasing profitspositive public image; attracting more customers

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There are several ways in which a business could practice social responsibility, the following practices are mentioned below, except for two. Pick two answers.*2 pointsPracticing sustainable waste managementFollowing government legal protocolsGiving scholarship aids to out of school youth kidsDonating to charity institutionsConducting livelihood seminars to help the communityGetting the best technology suppliers for the enterprise

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