Business Environment and International Business Socio-cultural factors and their influence on business Corporate Social Responsibility (CSR)
Assertion (A) : Social responsibility may be taken to mean intelligent and objective concern for the welfare of the society.
Reason (R) : Social responsibility has gradually developed and has become widely accepted notion in the business world.
1
Assertion (A) and Reason (R) are both true, but Reason (R) does not explain Assertion (A).
2
(A) and (R) are incorrect
3
(A) is correct, but (R) is incorrect
4
(A) is incorrect, but (R) is correct