Distinguish Between Corporate Social Responsibility and Social Entrepreneurship

question 15

Essay

Distinguish between corporate social responsibility and social entrepreneurship.

---

Definitions:

Monthly Compounded

The process whereby interest is calculated on a principal sum and previously accumulated interest on a monthly basis.

Car Loan

A sum of money borrowed to purchase a car that is repaid with interest over a set period of time.

Effective Annual Rate

The interest rate on an investment or loan that is adjusted for compounding over a specified period, showing the true annual return.

Semi-Annually Compounded

A financial term where interest is added to the principal amount of an investment or loan twice a year, resulting in compound growth.