Which is an argument for social responsibility?A.Pursuing goals dilutes a business’s primary purpose - economic productivityB.A business is being socially responsible only when it pursues its economic interests.C.Many socially responsible actions don’t cover their costs, and someone must pay those costs.D.Public opinion now supports businesses pursuing economic and social goals.

A prime social responsibility of business is to safeguard consumers:While continuing to supply them with goods and services they want.      By supplying consumers with products at the lowest possible cost.While maintaining high profit margins.By providing new technology.

Which statement is most correct about “corporate social responsibility” from the following statements?Group of answer choicesCSR recognizes that conventional economic needs define marketsCSR is integral to profit maximizationCSR is only focused on corporate philanthropyCSR agendas are about creating shared social and economic valueCSR programs focus mostly on reputation

Define corporate social responsibility in your own words.What arguments in favor of CSR seem to be the most important to you?How does CSR offer added value to the companies and the societies that are embracing and practicing it?You may also refer to the Starbucks case in particular, or another business case you are familiar with.

A difference between business ethics and social responsibility is that business ethicsMultiple Choicerelates to an individual’s values and standards of conduct, whereas social responsibility concerns the values and standards of conduct of an organization as a whole.relates to an individual’s or a work group’s decisions that society evaluates, whereas social responsibility concerns the impact of an entire business’s activities on society.is determined solely by internal stakeholders, whereas a social responsibility decision is made by external stakeholders.is optional for business organizations, whereas social responsibility is required.

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