Question

Corporate social responsibility:
- is another name for ethics.
- is another name for supplier diversity programs.
- requires sacrificing financial gain for the greater good of the community.
- refers to individual, not corporate, decisions and actions.
- extends beyond ethics to include community, environment, and human rights.

Answer 1

Answer: Corporate Social Responsibility requires sacrificing financial gain for the greater good of the community.

Explanation: Corporate social responsibility - CSR is a way by which a company uses it financial gains to improve the well being of people in its community.

CSR is one of the ways by which organisations give back to the society/ community by way of offering good health care services, provision of good water, good roads, rehabilitation of schools etc.

Corporate social responsibility is the responsibility of both corporate and religious organisation.  it helps organisation to give back to its society.