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Explain the difference between corporate social responsibility and corporate social investment.

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Final answer:

Corporate Social Responsibility focuses on benefiting society, while Corporate Social Investment involves investing resources in social or environmental projects to create social impact and financial returns.


Explanation:

Corporate Social Responsibility (CSR) is a concept that involves a corporation's initiatives to act in the best interest of society, beyond just profit-making, by engaging in activities that benefit the community and environment.

Corporate Social Investment (CSI) refers to a specific type of CSR that involves investing resources, such as money, time, and expertise, into social or environmental projects with the aim of generating both social impact and financial returns.

For example, a company engaging in CSR might donate to charities, while a company involved in CSI might invest in building schools or providing job training programs to uplift communities.


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