What are the ways in which companies can perform CSR activities? Give minimum 3-4 and explain each one
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Corporate social responsibility is traditionally broken into four categories: environmental, philanthropic, ethical, and economic responsibility.
Environmental Responsibility. ...
Ethical Responsibility. ...
Philanthropic Responsibility. ...
Economic Responsibility.
Explanation:
Milton Friedman's statement that management is to make as much money as possible within the limits of the law and ethical custom embraces three components of the CSR pyramid—economic, legal, and ethical.
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