Question

.CSR is applicable to :

(A) Private sector

(B) Public sector

(C) NGO

(D) Private and public sector both


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Answer 1

Answer :-

• CSR is applicable to private sector

Public sector:

• Public sector is owned by government and provide all the services.

• These sector provided basis facilities like health, food and education

• Example : Railway station, Post office and BSNL

Private sector:

• Private sector is owned by individuals. Ownership of delivery of services is in the hands of companies or Private individuals..

• It's main aim is to earn profits.

• Example: Reliance industries, Tata iron and steel company.

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Answer 2

Answer:

Explanation:

CSR is applicable to Private and public sector both.

What is CSR?

Corporate social responsibility (CSR) is a management concept in which businesses incorporate social and environmental issues into their operations and interactions with stakeholders.

If an independent director is not necessary, an unlisted public business or a private corporation may have its CSR Committee without one.

So, we can say Both the private and public sectors can benefit from CSR.