Asked by Nguy?n Tr?ng on May 06, 2024
Verified
Corporate social responsibility is best described as the efforts a company takes to increase corporate profits.
Corporate Social Responsibility
A business model that helps a company be socially accountable—to itself, its stakeholders, and the public.
Corporate Profits
The total earnings of a company after all expenses have been deducted from revenues, highlighting the financial health and profitability of the company.
- Apprehend the importance and function of corporate social responsibility (CSR) in the landscape of current business practices.
Verified Answer
ZK
Zybrea KnightMay 07, 2024
Final Answer :
False
Explanation :
Corporate social responsibility (CSR) refers to a company's initiatives to assess and take responsibility for its effects on environmental and social wellbeing, often beyond what is required by regulators, rather than focusing solely on increasing profits.
Learning Objectives
- Apprehend the importance and function of corporate social responsibility (CSR) in the landscape of current business practices.
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