Question Bank - Marketing Officer

Here's the question bank on all the marketing officer topics.

A corporate company makes donations to charitable institutions, builds recreational facilities for employees and their families, supports educational institutions, art and other activities. In CSR, this dimension is known as ______.

A.
Economic responsibility
B.
Legal responsibility
C.
Philanthropic responsibility
D.
Ethical responsibility

Solution:

The correct option is 3 i.e., Philanthropic responsibility.In CSR, this dimension is known as Philanthropic responsibility.What is Corporate Social Responsibility(CSR)?Corporate Social responsibility to act in ways that benefit society and/or the environment.Corporate Social Responsibility helps a company be socially accountable to itself, its stakeholders, and the public.What is Philanthropic responsibility?The philanthropic responsibilities are the voluntary responsibilities of the enterprise.The philanthropic responsibilities are not imposed or requested by law.The philanthropic responsibilities became a part of the social agreement between the enterprise and society.Donations of goods and services, volunteering activity, building recreational facilities for employees and their families are examples of philanthropic responsibilities.

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