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PRC-3 · Chapter 6 · Question 16 of 68

A manufacturing firm decides to invest 5% of its profits into building a local community school and planting trees in deforested areas. This initiative falls under the umbrella of:

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: A) Corporate Social Responsibility (CSR)

Explanation

CSR involves businesses self-regulating and taking initiatives to contribute positively to societal goals, philanthropy, and the environment.

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