Examlex
Given below is the scatter plot of the market value (thousands$)and profit (thousands$)of 50 Australian companies.Higher market values appear to be associated with higher profits.
Socio-Economic
Pertaining to or dealing with how social and economic elements impact each other.
CSR Approaches
Strategies and practices companies use to conduct business in an ethical and socially responsible manner, aiming to positively impact society.
Social Responsibility Audit
An evaluation process assessing how well a company’s operations align with societal expectations regarding environmental, ethical, and social standards.
Corporate Social Responsibility
The concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with stakeholders on a voluntary basis.
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