Question

A true statement about corporate social responsibility (CSR) initiatives is that they _____.
a) have maximum efficiency when approached from a strict view of just profit maximization
b) do not generate long-term financial gains to the organization
c) do not always generate immediate financial gains to the organization
d) have been easily transformed from being a theoretical concept to an operational concept

Answer 1

Answer:

(C). Corporate Social Responsibility (CSR) initiatives do not always generate immediate financial gains to the organization.

Explanation:

Corporate Social Responsibility (CSR) is the ethical effort made by an organization to contribute to the society and the environment in which it operates.

Organizations choose to do this in different ways such as hiring employees from within the community, building schools or hospitals, sponsoring activities, and so on.

CSR activities usually do not generate immediate financial gains or profit to the organization as the main focus of CSR is contributing to the community. In the long-term however, the goodwill generated by the organization's CSR actions, starts to yield financial rewards as they gain more customers from the community.