Question

which term describes a companys duty to conduct its actions with the aim of attaining social, environmental, and economic development?
a. socially responsible investing
b. corporate social responsibility
c. code of ethics
d. sustainability
e. corporate philanthropy

Explanation:

To solve this, we analyze each option:

• Option A: Socially responsible investing is about investment choices considering social/environmental factors, not a company's duty to act for social, environmental, economic development.
• Option B: Corporate social responsibility (CSR) is defined as a company's obligation to act in ways that benefit society, environment, and economic development. This matches the description.
• Option C: A code of ethics is a set of ethical guidelines for a company's conduct, not the duty to achieve social, environmental, economic goals.
• Option D: Sustainability focuses on long - term environmental and social viability, not the broad duty described.
• Option E: Corporate philanthropy is charitable giving by a company, not the comprehensive duty of social, environmental, and economic development.

Answer:

B. Corporate social responsibility