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Which of the following are part of Corporate Social Responsibility (CSR) to consumers? 

Which of the following are part of Corporate Social Responsibility (CSR) to consumers? 

  • 1) Reasonable chances and the proper system for accomplishment and promotion 
  • 2) To supply goods at reasonable prices even when there is sellers market 
  • 3) Improving the efficiency of the business operation 
  • 4) To provide an opportunity for being heard and redress genuine grievances 

Choose the correct answer from the options given below 

a. 1) and 2)

b. 2) and 4)

c. 2) and 3)

d. 1) and 3)

Answer: b

Explanation: Corporate social responsibility (CSR) is a type of business self-regulation with the aim of being socially accountable.

There is no one “right” way companies can practice CSR; many corporate CSR initiatives strive to positively contribute to the public, the economy, or the environment.

In today’s socially conscious environment, employees and customers place a premium on working for and spending their money with businesses that prioritize CSR.

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