Asked by Sophie Hansen on Jun 12, 2024

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The term _____ refers to a business's obligation to maximize its positive impact and minimize its negative impact on society.

A) social citizenship
B) social strategy
C) social ethics
D) social responsibility
E) social rule

Social Responsibility

A framework suggesting that entities, especially corporations, have an obligation to act for the benefit of society at large by addressing societal, environmental, and economic issues.

Positive Impact

The beneficial effect or outcome of an action, decision, or policy on people, communities, or the environment.

  • Acquire knowledge on the principle of social responsibility and its repercussions on societal structures.
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Consuelo TaverasJun 12, 2024
Final Answer :
D
Explanation :
The term "social responsibility" refers to a business's obligation to pursue policies, make decisions, and follow lines of action that are desirable in terms of the objectives and values of society, thereby maximizing its positive impact and minimizing its negative impact on society.