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The defenders of the sustainability approach toward Corporate Social Responsibility (CSR) point out that _________.
A. All economic activity exists within a biosphere that support all life
B. The success of business must be judged only against profitability
C. People have a strong ethical duty to cause no harm and only a prime facie duty to prevent harm
D. Business sole responsibility is to fulfil the economic functions they were designed to serve
E. Customer service is most important
Choose the most appropriate answer from the options given below:
  • a)
    A and B only
  • b)
    B, C, D only
  • c)
    A and C only
  • d)
    A only
Correct answer is option 'D'. Can you explain this answer?
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The defenders of the sustainability approach toward Corporate Social R...
The defenders of the sustainability approach toward Corporate Social Responsibility (CSR) point out that all economic activity exists within a biosphere that supports all life.
  • Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable—to itself, its stakeholders, and the public. 
  • By practicing corporate social responsibility, also called corporate citizenship, companies can be conscious of the kind of impact they are having on all aspects of society, including economic, social, and environmental.
  • To engage in CSR means that, in the ordinary course of business, a company is operating in ways that enhance society and the environment, instead of contributing negatively to them.
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The defenders of the sustainability approach toward Corporate Social R...
The defenders of the sustainability approach toward Corporate Social Responsibility (CSR) point out that all economic activity exists within a biosphere that supports all life.
  • Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable—to itself, its stakeholders, and the public. 
  • By practicing corporate social responsibility, also called corporate citizenship, companies can be conscious of the kind of impact they are having on all aspects of society, including economic, social, and environmental.
  • To engage in CSR means that, in the ordinary course of business, a company is operating in ways that enhance society and the environment, instead of contributing negatively to them.
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The defenders of the sustainability approach toward Corporate Social R...
Defenders of the sustainability approach toward Corporate Social Responsibility (CSR)
The defenders of the sustainability approach toward Corporate Social Responsibility (CSR) argue that business should not only focus on profitability but also take into consideration the impact of their actions on the environment and society. They believe that the sustainability approach is a more ethical and responsible way of conducting business.

All economic activity exists within a biosphere that supports all life
One of the main arguments put forth by the defenders of the sustainability approach is that all economic activity exists within a biosphere that supports all life. This means that businesses should not only focus on their own profitability but also take into account the health and well-being of the environment in which they operate. By adopting sustainable practices, businesses can minimize their negative impact on the environment and contribute to its preservation for future generations.

People have a strong ethical duty to cause no harm and only a prime facie duty to prevent harm
The defenders of the sustainability approach also emphasize that people have a strong ethical duty to cause no harm and only a prime facie duty to prevent harm. This means that businesses should prioritize minimizing harm to society and the environment over maximizing profits. By taking responsibility for their actions and considering the social and environmental consequences of their decisions, businesses can contribute to a more sustainable and equitable society.

Business' sole responsibility is to fulfill the economic functions they were designed to serve
On the other hand, those who argue against the sustainability approach believe that business' sole responsibility is to fulfill the economic functions they were designed to serve. They argue that businesses exist primarily to generate profits and create economic value, and any social or environmental responsibilities should be secondary. This perspective prioritizes the bottom line and shareholder value above all else.

Conclusion
In conclusion, the defenders of the sustainability approach toward Corporate Social Responsibility (CSR) argue that businesses should not only focus on profitability but also consider the impact of their actions on the environment and society. They believe that businesses have an ethical duty to minimize harm and contribute to a more sustainable and equitable society. On the other hand, those who argue against the sustainability approach believe that businesses' sole responsibility is to fulfill their economic functions. Ultimately, the debate surrounding CSR and sustainability is a complex one, with different perspectives and arguments to consider.
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The defenders of the sustainability approach toward Corporate Social Responsibility (CSR) point out that _________.A. All economic activity exists within a biosphere that support all lifeB. The success of business must be judged only against profitabilityC. People have a strong ethical duty to cause no harm and only a prime facie duty to prevent harmD. Business sole responsibility is to fulfil the economic functions they were designed to serveE. Customer service is most importantChoose the most appropriate answer from the options given below:a)A and B onlyb)B, C, D onlyc)A and C onlyd)A onlyCorrect answer is option 'D'. Can you explain this answer?
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The defenders of the sustainability approach toward Corporate Social Responsibility (CSR) point out that _________.A. All economic activity exists within a biosphere that support all lifeB. The success of business must be judged only against profitabilityC. People have a strong ethical duty to cause no harm and only a prime facie duty to prevent harmD. Business sole responsibility is to fulfil the economic functions they were designed to serveE. Customer service is most importantChoose the most appropriate answer from the options given below:a)A and B onlyb)B, C, D onlyc)A and C onlyd)A onlyCorrect answer is option 'D'. Can you explain this answer? for UGC NET 2025 is part of UGC NET preparation. The Question and answers have been prepared according to the UGC NET exam syllabus. Information about The defenders of the sustainability approach toward Corporate Social Responsibility (CSR) point out that _________.A. All economic activity exists within a biosphere that support all lifeB. The success of business must be judged only against profitabilityC. People have a strong ethical duty to cause no harm and only a prime facie duty to prevent harmD. Business sole responsibility is to fulfil the economic functions they were designed to serveE. Customer service is most importantChoose the most appropriate answer from the options given below:a)A and B onlyb)B, C, D onlyc)A and C onlyd)A onlyCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UGC NET 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The defenders of the sustainability approach toward Corporate Social Responsibility (CSR) point out that _________.A. All economic activity exists within a biosphere that support all lifeB. The success of business must be judged only against profitabilityC. People have a strong ethical duty to cause no harm and only a prime facie duty to prevent harmD. Business sole responsibility is to fulfil the economic functions they were designed to serveE. Customer service is most importantChoose the most appropriate answer from the options given below:a)A and B onlyb)B, C, D onlyc)A and C onlyd)A onlyCorrect answer is option 'D'. Can you explain this answer?.
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