According to the corporate social responsibility (CSR) economic model, organizations should combine their social and financial objectives. True.
A sort of international private business self-regulation known as corporate social responsibility (CSR) aims to support charitable, activist, or philanthropic social goals by taking part in or promoting volunteer labor or other morally upright actions. The concept of "corporate social responsibility" (CSR) describes how an organization manages its industry and accepts responsibility for its effects on society. A variety of factors are included in corporate social responsibility, including societal influences, legal requirements, economic dependency, and ethical standards.
The four primary pillars of CSR are environmental responsibility, ethical duty, philanthropic responsibility, and economic responsibility. The reputation of a business, its ability to attract customers, employees, and investors, as well as for
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