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Review:

Corporate Social Responsibility

overall review score: 4.5
score is between 0 and 5
Corporate social responsibility (CSR) is a business model that helps a company be socially accountable to itself, its stakeholders, and the public. It involves operating in an economically, socially, and environmentally sustainable manner.

Key Features

  • Social accountability
  • Sustainability
  • Stakeholder engagement
  • Ethical business practices

Pros

  • Builds trust with customers and stakeholders
  • Improves brand reputation
  • Leads to long-term sustainability
  • Enhances employee morale

Cons

  • Can be costly to implement initially
  • Requires commitment from top management
  • May not have immediate financial returns

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Last updated: Sun, Feb 2, 2025, 06:53:01 PM UTC