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What is the term called when a business focuses on doing the right thing and acts in ways that are good for society, which go beyond its legal and economic obligations?A.Ethical mindsetB.Social responsibilityC.Social irresponsibilityD.Chain management

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What is the term called when a business focuses on doing the right thing and acts in ways that are good for society, which go beyond its legal and economic obligations?A.Ethical mindsetB.Social responsibilityC.Social irresponsibilityD.Chain management

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Solution

The term when a business focuses on doing the right thing and acts in ways that are good for society, which go beyond its legal and economic obligations, is called Social responsibility (B).

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