Asked by Javier Lopez on Apr 27, 2024
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Why are corporate social responsibility (CSR)practices not considered examples of hybrid models of social entrepreneurship?
Social Entrepreneurship
Social entrepreneurship involves starting companies or initiatives that aim to solve social problems or address community needs through innovative solutions, prioritizing social impact alongside or above profit.
Corporate Social Responsibility
A business model that helps a company be socially accountable to itself, its stakeholders, and the public.
Hybrid Models
Approaches that combine elements from different methodologies, theories, or systems, often used in business strategies, computational simulations, or vehicle technology to optimize performance.
- Understand the concept and importance of corporate social responsibility (CSR) in the contemporary business environment.
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Learning Objectives
- Understand the concept and importance of corporate social responsibility (CSR) in the contemporary business environment.
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