PRC-3 · Chapter 6 · Question 8 of 68
A pharmaceutical firm voluntarily decides to manufacture generic antibiotics at zero profit margin and distribute them for free in impoverished regions. What broader business concept does this represent?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Corporate Social Responsibility (CSR)
Explanation
CSR is a management concept whereby companies voluntarily integrate social and environmental concerns in their business operations and interactions with their stakeholders.
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