The defenders of the sustainability approach toward Corporate Social Responsibility (CSR) point out that _________ A. All economic activity exists within a biosphere that support all life B. The success of business must be judged only against profitability C. People have a strong ethical duty to cause no harm and only a prime facie duty to prevent harm D. Business sole responsibility is to fulfil the economic functions they were designed to serve E. Customer service is most important Choose the most appropriate answer from the options given below:
A only
The sustainability perspective recognises that economic activity depends on the biosphere and must respect ecological limits. Statement A expresses this foundation; profit-only and solely economic accounts do not.
Important Questions from Corporate Social Responsibility (CSR)
What is the minimum prescribed net profit threshold for Companies to be required to undertake Corporate Social Responsibility activities under clause 135 of the Companies Act, 2013?
Which of the following changes was introduced in 2024 under the Companies Act amendments to enhance corporate social responsibility (CSR) transparency in India?
What is the 'Triple Bottom Line Approach' in CSR as mentioned in the passage?
Given below are two statements :
Statement (I): CSR is a holistic and integrated management concept whereby companies integrate their industrial and future objectives with their business objectives.
Statement (II): In this modern digitalized world, business are required to be mindful both in terms of what they are doing and how they are doing.
In the light of the above statements, choose the most appropriate answer from the options given below:
What is the consequence for companies that fail to most the CSR spending requirement as per the new amendments?
