Business Studies · Corporate Social Responsibility
Which of the following statements about Corporate Social Responsibility (CSR) is/are true? (1) CSR guarantees increased profit levels. (2) CSR adds cost to organizational activities and reduces profit levels. (3) Social responsibility may have commercial benefits. (4) Social responsibility is a concern confined strictly to business organizations.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(3) only✓
- 2(2) and (4)
- 3(1) and (3)
- 4(1), (2), (3) and (4)
Correct answer
(3) only
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