Corporate social responsibility is a self-regulating business model that helps a company be socially accountable to itself, its stakeholders, and the public. “Corporate social responsibility” has got an abbreviation: …
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Corporate social responsibility is often abbreviated as CSR. Let's break down the steps to understand why this abbreviation is used:
By using the abbreviation CSR, businesses and individuals can efficiently communicate the concept of corporate social responsibility without having to repeatedly use the full phrase.