The ___ refers to the situation in which corporate social responsibility leads to improved financial performance and this, in turn, leads to additional socially responsible actions.

Question

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The term "virtuous circle" refers to the idea that corporate social responsibility (CSR) can lead to improved financial performance, which in turn can lead to additional socially responsible actions. This creates a positive feedback loop where CSR leads to financial success, which leads to more CSR, and so on.

The ___ Refers to the Situation in Which Corporate Social