Definition of Corporate Social Responsibility

Corporate social responsibility (CSR) is a strategic self-acting business model where the company initiate projects in their local communities to build long term relationships in term of economic, social or environmental between the company and the local communities. Corporate social responsibility helps companies in building a better reputation and respect for the company and its products and it provides a sustainable competitive advantage.


Companies start corporate social responsibility by either including philanthropy projects, improving their business operational processes or transforming their entire business model to address environmental and social impact.

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