A promoter of the Corporate social responsibility (CSR) approach would argue that as long as there is competition, there will be both winners and losers. This statement is FALSE.
What is Corporate Social Responsibility (CSR)?
Corporate social responsibility (CSR) is a self-policing corporate strategy that enables an organization to be socially accountable to its customers, employees, and stakeholders. Companies can be aware of their impact on the economic, social, and environmental aspects of society by engaging in corporate social responsibility, often known as corporate citizenship. CSR aids in enhancing a number of societal facets as well as enhancing the reputation of businesses. Corporate responsibility initiatives are a fantastic way to boost workplace morale.
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