Joe Whinney, the founder of Theo Chocolate, says everyone in the supply chain should be better off as a result of this delicious food. Theo Chocolate's creators believe that they have an obligation to adopt a strategic approach to fulfilling economic, ethical, environmental, and social responsibilities, which is best described as _____.

Joe Whinney, the founder of Theo Chocolate, says everyone in the supply chain should be better off as a result of this delicious food. Theo Chocolate's creators believe that they have an obligation to adopt a strategic approach to fulfilling economic, ethical, environmental, and social responsibilities, which can be best described as corporate citizenship. Corporate citizenship is an organization's responsibilities towards its society where the main goal, aim and logic to produce and maintain higher standard of life and the quality of life while remaining profitable at the same time. This concepts says that companies owe to the society in which they operate and generate profits, they also should think about the welfare and betterment of that particular society. In this way, it will be a win-win situation both for the society and the company itself as well.