The textbook suggests that not all corporations are evil and states that corporations are adopting new forms of self-regulation as well as taking proactive measures to integrate social and ethical concerns into their business models. This is part of a movement called "CSR." What does "CSR" stand for?

A) corporate self-regulation
B) conscience, solutions, reform
C) customer service representative
D) corporate social responsibility

CSR

Corporate Social Responsibility; a business model in which companies integrate social and environmental concerns in their operations and interactions with stakeholders.

Corporate Social Responsibility

A concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with stakeholders on a voluntary basis.

Self-Regulation

The ability to manage one's emotions, thoughts, and behaviors in different situations, often leading to goal achievement and adaptation to social norms.