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Which is not true about CSR?
a. Some CSR policies may reduce the firm's value.
b. CSR policies may not pay off if common.
c. CSR that is embedded in people is easier to imitate.
d. Organization: a firm needs to tie together CSR activities.
e. It is difficult to prove a link between CSR and economic performance.
Immediate Market
A marketplace or environment where transactions occur directly and without delay, allowing for the quick exchange of goods or services.
Industry
A sector of the economy that includes businesses and organizations that produce similar goods or services.
Economic Costs
The sum of explicit and implicit costs which represent the total opportunity costs of resource utilization in the production of goods or services.
Opportunity Costs
The loss of potential gain from other alternatives when one alternative is chosen.
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