The capability of corporations to influence government, the economy, and society, based on their organizational resources is called:__________

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05-09-2022
Business

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The capability of corporations to influence government, the economy, and society, based on their organizational resources is called:__________

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Tutorconsortium215idn Tutorconsortium215idn · Answer 1 · 2022-09-12T07:55:44-04:00

CSR aids in enhancing a number of societal facets as well as enhancing the reputation of businesses.

What Is Corporate Social Responsibility (CSR)?

Corporate responsibility programs are also a wonderful method to increase morale in the workplace. Environmental effects, moral duty, charitable work, and financial obligations are the four main subcategories of 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. When a firm practices corporate social responsibility (CSR), it means that it operates in a way that benefits society and the environment rather than detracting from it.

Corporate social responsibility is a business strategy that encourages businesses to work in ways that benefit society and the environment rather than harming them.

To lean more about Corporate Social Responsibility from the given link.

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