Asked by TAYLOR GERDES on Feb 18, 2024
Verified
Distinguish between corporate social responsibility and social entrepreneurship.
Entrepreneurship
A way of thinking, acting, and being that combines the ability to find or create new opportunities with the courage to act on them.
- Recognizing the role of businesses in contributing to the well-being of society through CSR initiatives.
- Identifying the different approaches and strategies used by companies to fulfill their CSR obligations.
- Understanding the concept of corporate social responsibility (CSR) and its importance in business ethics.
Verified Answer
AC
Anguished cucumber
Feb 18, 2024
Final Answer :
Corporate social responsibility and social entrepreneurship differ in one critical sense: the primary objective of the enterprise.Corporations seek to incorporate social initiatives into broader strategic and tactical objectives,while social entrepreneurs put those social issues front and center.To many corporations,social responsibility causes may just be another means to a successful business end.
Learning Objectives
- Recognizing the role of businesses in contributing to the well-being of society through CSR initiatives.
- Identifying the different approaches and strategies used by companies to fulfill their CSR obligations.
- Understanding the concept of corporate social responsibility (CSR) and its importance in business ethics.
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