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Exam IIA-CIA-Part1 topic 6 question 249 discussion

Actual exam question from IIA's IIA-CIA-Part1

Question #: 249
Topic #: 6

[All IIA-CIA-Part1 Questions]

Which of the following organizations has reached the most mature level of corporate social responsibility?

A. An organization that is able to provide goods and services society needs and thus maximizes profit to its owners.
B. An organization that ensures compliance to legal frameworks of the countries in which it operates and sells its products.
C. An organization that is willing to make contributions not mandated by law or economics and expects no payback.
D. An organization that requires its decision makers to act with equity, fairness, and respect for the rights of individuals.

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Suggested Answer: D 🗳️

by abdullah01 at July 6, 2024, 1:53 p.m.

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abdullah01

1 day, 17 hours ago

Selected Answer: C

This option reflects a commitment to CSR beyond legal compliance or profit maximization. It signifies a willingness to engage in activities that benefit society or the environment voluntarily, without expecting direct financial returns. This level of CSR typically involves initiatives such as philanthropy, community involvement, environmental sustainability efforts, and ethical business practices that go beyond the basic requirements of law and economics.

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