Amisha Kadbe posted an Question
March 23, 2021 • 18:54 pm 30 points
  • UGC NET
  • Commerce

25. which concern does csr address ? (a) monetary profit (c) social and environment (b) legal and regular (d) human resources

25. Which concern does CSR Address ? (A) Monetary Profit (C) Social and Environment (B) Legal and Regular (D) Human Resources

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  • Rucha rajesh shingvekar best-answer

    option (c) CSR is generally understood as being the way through which a company achieves a balance of economic, environmental and social imperatives (“Triple-Bottom-Line- Approach”), while at the same time addressing the expectations of shareholders and stakeholders

  • Priya gulani best-answer

    Corporate Social Responsibility is a management concept whereby  companies integrate social and environmental concerns in their business  operations and interactions with their stakeholders. CSR is generally  understood as being the way through which a company achieves a balance  of economic, environmental and social imperatives (“Triple-Bottom-Line-  Approach”), while at the same time addressing the expectations of  shareholders and stakeholders. In this sense it is important to draw a  distinction between CSR, which can be a strategic business management  concept, and charity, sponsorships or philanthropy.

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