Which term refers to actions taken by a firm to advance a social good that is beyond the interests of the firm?

Question

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Corporate social responsibility refers to a firm's actions taken to advance social and environmental goals that are beyond the financial interests of the firm. This can include actions such as philanthropy, sustainability initiatives, and ethical business practices. Environmental goals and corporate objectives may be part of a firm's CSR efforts, but CSR encompasses a broader range of actions. Public policy refers to government actions and regulations, and is not directly related to a firm's CSR efforts.

Which Term Refers to Actions Taken by a Firm to Advance