Question

What is corporate social responsibility? Is it similar to business ethics?

Answer 1

Corporate social responsibility is a type of international private business self-regulation. While once it was possible to describe CSR as an internal organisational policy or a corporate ethic strategy, ...

CSR is more narrowly about a company's SOCIAL obligations…that is, a company's obligations to society in general. So, business ethics is concerned with not just social obligations, but also obligations to employees, customers, suppliers and competitors.

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