CRS stands for which of the following?

• A. Corporate social reporting
• B. Corporate social responsibility
• C. Community social responsibility
• D. Corporate social regulation

Answer: (B)

Corporate social responsibility is the idea that a company has obligations beyond profits, extending to the environment, employees, communities, and governance. It involves integrating social and environmental considerations into business decisions and communicating progress to stakeholders. The other phrases describe different things—reporting on social impact, a non-standard term, or a regulatory concept—not the broad commitment a company makes to act responsibly. So the best fit for CRS in this context is Corporate social responsibility.