Which statement best describes the purpose of corporate social responsibility?

The purpose of corporate social responsibility (CSR) is fundamentally about aligning business practices with societal values. This concept emphasizes that corporations can no longer operate in isolation from the communities and environments in which they function. Instead, there is a growing expectation for businesses to contribute positively to society by considering the social, environmental, and ethical implications of their operations.

By embedding societal values into their business strategies, companies can create a positive impact that benefits both their stakeholders and the general public. This alignment helps build trust and loyalty among consumers, who are increasingly choosing to support businesses that demonstrate a commitment to social responsibility.

In contrast, focusing purely on profit maximization neglects the broader ethical and social implications of business activities. While compliance with legal standards is important for corporate integrity, CSR goes beyond mere legal obligations by actively promoting positive contributions to society. Additionally, using CSR to distract from company shortcomings does not embody the genuine intent behind responsible business practices, which aim to create meaningful, sustainable change.