Question

The fundamental idea behind _____ is that corporations have duties that go beyond lawful execution of their economic function.

Answer 1

Answer:

Corporate Social Responsibility.

Explanation:

Corporate social responsibility is a form of foreign self-regulation of a private enterprise aimed at contributing to public objectives of a philanthropic, political or humanitarian nature or by participating in or promoting voluntary or ethically driven activities.

• Social Operating License can be described as a statutory basis for the legality of the operations and the participation of the organization in the ventures.

• This relates to the amount of support and recognition of the operations of an organization by its stakeholders.