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What is the role of corporate social responsibility (CSR) in business?
What is the role of corporate social responsibility (CSR) in business?
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Corporate Social Responsibility (CSR) refers to a company’s commitment to managing its operations in an ethical and socially responsible manner. This includes initiatives related to environmental sustainability, fair labor practices, community engagement, and ethical business practices. CSR helps improve a company’s reputation, foster customer loyalty, and contribute to societal well-being.