Read the passage carefully and select the best answer to each question out of the given five alternatives. 

In the present times of the dog-eat-dog world, the only survival strategy for business is to grow. However, as society is changing, the indicators of success are also acquiring a new meaning. A move toward social responsibility is a fundamental change for business. Over the last years, corporate social responsibility (CSR) has been an issue of strong discussion among academics and practitioners (Galbreath, 2009). One of the early contributors to CSR in the academic literature, Bowen (1953) defined it as "the obligations of businessmen to pursue those policies, to make those decisions, or to follow those lines of action which are desirable in terms of the objectives and values of our society" while Hill (2006) described the term as a set of practices that form part of good management or business practices much of it is about transparency and disclosure.
In various contexts, companies today are under intense pressure to rebuild public trust and stay competitive in a global economy. Recent business scandals involving sound institutions such as Lehman Brothers, Enron, and Société General have had the public confidence quaking in its boots increasing, in turn, the salience of principles of accountability, transparency, and honesty in all facets of business relationships. Due to these financial scandals, the need for CSR has strengthened and it is positively accepted in the world business climate. Consequently, the Deliotte Report (2008) pointed out that CSR can help to restore trust in the corporate world.

It goes without saying that CSR has become of great importance in latest years, frequently during public scandals and mismanagement. For that reason, demands from customers, workforce, legislative bodies, and the public for complete information in order to know whether companies are complying with the standards. Hence these are the reasons why firms are acting responsibly towards the society and business environment.