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Question

What is meant by the phrase CSR?

A
Corporate Social Responsibility
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B
Company Social Responsibility
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C
Corporate Society Responsibility
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D
Company Society Responsibility
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Solution

The correct option is A Corporate Social Responsibility
Corporate Social Responsibility is a part of business where the responsibility of a corporate unit is defined in terms of their existence in the society because if the corporate unit is developed and run in the society using the society's resources then they have some responsibility for the society.

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