What reflects corporate social responsibility?

The concept of corporate social responsibility (CSR) revolves around the idea that businesses have an obligation to consider the broader impact of their actions on society and the environment, beyond just generating profits for shareholders. This idea embodies the principle of showing concern for the common good, which includes addressing social issues, contributing to community development, and engaging in ethical practices.

Choosing to show concern for the common good highlights an organization's commitment to acting in ways that benefit society, whether through sustainable practices, charitable activities, or ensuring fair treatment of employees and stakeholders. This aspect of CSR emphasizes creating positive social impact and taking responsibility for the company's effects on the community and environment, aligning with contemporary expectations of corporate behaviors.

The other options, while relevant to business practices, do not fully capture the essence of corporate social responsibility. Maximizing shareholder profits often disregards the social and environmental implications of business operations. Minimizing operational costs can sometimes come at the expense of ethical standards and community welfare. Reinforcing authority hierarchies is primarily concerned with organizational structure rather than addressing social responsibilities. Therefore, the focus on the common good is what distinctly embodies the concept of CSR.