Asked by Taylor Morrison on Apr 26, 2024
Verified
Provide a succinct definition of corporate social responsibility.
Corporate Social Responsibility
An approach by companies to conduct their business in an ethical way, taking into account their impact on society, the economy, and the environment.
- Comprehend the meaning and importance of corporate social responsibility (CSR) and the manner in which it is incorporated into business practices.
Verified Answer
ZK
Zybrea KnightMay 03, 2024
Final Answer :
Corporate social responsibility is a phrase used to describe the efforts of companies to take responsibility for the impact their operations have on society and to improve social well-being within and outside the firm.
Learning Objectives
- Comprehend the meaning and importance of corporate social responsibility (CSR) and the manner in which it is incorporated into business practices.
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