Organizations may engage in corporate social responsibility practices because they may feel pressured to do so by society.

Question

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Organizations may feel pressure from various stakeholders, such as customers, employees, investors, and regulators, to act in a socially responsible manner. This pressure may come in the form of social expectations, public scrutiny, customer demands, employee activism, investor preferences, or regulatory requirements. Organizations that fail to meet these expectations or address these concerns may face reputational, financial, or legal risks. Hence, corporate social responsibility can be seen as a response to societal demands and expectations.

Organizations May Engage in Corporate Social Responsibility Practices Because They