ITPEC IP October 2020 Question 69
ITPEC IP October 2020 — Question 69 of 100
Teaching local schoolchildren about food distribution is an example of corporate social responsibility. The company voluntarily uses its expertise to contribute educational value to the surrounding community, extending its concern beyond immediate profit-making transactions.
Answer (a)
Why not others:
- an alliance is a cooperative business relationship between organizations
- core competence is a distinctive capability that creates competitive advantage
- corporate governance is the framework for directing, supervising, and holding a company accountable
Key rule: CSR means responsibly considering and contributing to society and stakeholders through business conduct and community activities.
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