ITPEC IP October 2022 Question 66
ITPEC IP October 2022 — Question 66 of 100
CSR is the concept of corporate responsibility toward society and the environment, beyond the pursuit of profit. Corporate Social Responsibility incorporates ethical conduct, stakeholder interests, community contribution, environmental protection, and sustainable practices into corporate activities.
Answer (b)
Why not others:
- BCP prepares an organization to continue critical operations during disruption
- M&A means mergers and acquisitions
- MBO is management by objectives, a method of setting and evaluating goals
Key rule: When a question emphasizes a company's social and environmental obligations, the concept is CSR.
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