The extent of corporate social responsibility (CSR) activities by firms depends on ________.

Question

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The extent of corporate social responsibility activities by firms depends on the role the firm's business plays in society. This means that companies consider the impact of their operations on stakeholders such as customers, employees, suppliers, communities, and the environment, and take appropriate measures to address their concerns. Other factors such as legal requirements, financial performance, and workforce needs may also influence CSR activities, but the social role of the business is the most important determinant.

The Extent of Corporate Social Responsibility (CSR) Activities by Firms