wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Define CSR (corporate social responsibility)

Open in App
Solution

Corporate social responsibility(CSR) can be defined as achieving commercial success in ways that honour ethical values and respect people,communities and the natural environment.CSR means addressing the legal, ethical, commercial and other expectations that society has from corporates who should take decisions and actions that fairly balance the claims of all stakeholders.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Goal-oriented process, Pervasive and Multidimensional
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon