Asked by Ailyn Fraire on Feb 18, 2024
Verified
Unlike Europe,which of these factors does not impact the decision for U.S.companies to engage in corporate social responsibility?
A) social
B) legislative
C) environmental
D) economic
Sustainability
In the CSR context, a business strategy that creates long-term stakeholder value by considering the ethical, social, environmental, cultural, and economic spheres.
- Analyzing the impact of social factors on the decision-making process of U.S. companies regarding corporate social responsibility is crucial.
- Evaluating the influence of legislative factors on the decision-making process of U.S. companies regarding corporate social responsibility is necessary.
- Understanding the factors that impact the decision for U.S. companies to engage in corporate social responsibility is important for analyzing their approach to social responsibility.
Verified Answer
MO
Madhy OdremanFeb 18, 2024
Final Answer :
B
Explanation :
In the U.S., legislative factors are less of a driving force behind corporate social responsibility (CSR) compared to Europe, where stricter regulations and policies often mandate such practices. In contrast, U.S. companies are more influenced by social, environmental, and economic factors when deciding to engage in CSR activities.
Learning Objectives
- Analyzing the impact of social factors on the decision-making process of U.S. companies regarding corporate social responsibility is crucial.
- Evaluating the influence of legislative factors on the decision-making process of U.S. companies regarding corporate social responsibility is necessary.
- Understanding the factors that impact the decision for U.S. companies to engage in corporate social responsibility is important for analyzing their approach to social responsibility.
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