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Pooja Chaudhari
on Oct 31, 2024

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Corporate social responsibility can be defined as the sum of ______ taken by a company to address the impact of its business operations on the triple bottom line as well as its key stakeholders.

A) required steps
B) profits and losses
C) voluntary actions
D) marketing tactics

Corporate Social Responsibility

Practices by companies that involve initiatives that benefit society and go beyond what may be required by regulators or environmental protection groups.

Voluntary Actions

Behaviors or actions undertaken by an individual or organization by choice, without being compelled or obligated by law.

Triple Bottom Line

A business concept that encourages companies to focus not just on profit but also on the social and environmental impact of their activities, often summarized as people, planet, and profit.

  • Gain insight into the essence and criticality of corporate social responsibility (CSR).
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Rebecca BrendleNov 04, 2024
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