Asked by Regina Garcia on Sep 26, 2024
According to supporters of corporate social responsibility, businesses lack the resources to tackle today's complex societal problems, therefore requiring government intervention.
Corporate Social Responsibility
A business model that helps a company be socially accountable to itself, its stakeholders, and the public, by practicing ethical, sustainable, and community-friendly actions.
Government Intervention
Actions taken by a government to affect or interfere with the economic or social activities in a country, often to correct market failures.
- Identify the role of businesses in societal and environmental issues.
Learning Objectives
- Identify the role of businesses in societal and environmental issues.
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