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What does a socially responsible business do?

Answer and explanation

Correct answer: Considers social and environmental welfare while earning profit

A socially responsible business seeks economic viability while considering how its decisions affect customers, employees, communities, society, and the environment. It follows laws, behaves ethically, and tries to reduce avoidable harm. Profit is important for survival, but profit alone does not define social responsibility; misleading customers and ignoring rules are contrary to it. Hence A is correct.

Related tags

Social ResponsibilityBusiness EthicsConcept Of Social ResponsibilitySocial Responsibilities Of Business And Business EthicsBusiness StudiesClass 11 Mcq

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