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Graham, the CEO of fleur Inc., a paper manufacturing company, prescribes to the classical view of corporate social responsibility. he is most likely to state that the sole purpose of the management should be to maximize profits.
What do you mean by corporate social responsibility?
Corporate social responsibility (CSR) is a type of international private business self-regulation that tries to support philanthropic, activist, or benevolent societal goals by participating in or promoting volunteer work or ethically sound business activities. It was formerly feasible to categorize CSR as an internal organizational policy or a business ethics plan, but that era has since passed as different national and international legislation have been created. It has gone beyond individual or even sector-wide initiatives thanks to the influence of several organizations. Contrarily, it has long been seen as a type of corporate self-regulation. Over the past ten years or so, however, it has significantly moved from voluntary decisions made at the level of individual firms to mandated policies at the regional, national, and international levels.
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