(b) Suggest THREE (3) activities for Corporate Social Responsibility and explain why it is important to implement each of these activities.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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(b) Suggest THREE (3) activities for Corporate Social
Responsibility and explain why it is important to
implement each of these activities.
Transcribed Image Text:(b) Suggest THREE (3) activities for Corporate Social Responsibility and explain why it is important to implement each of these activities.
Expert Solution
Step 1

Corporate social responsibility (CSR) is a self-regulation activity that object is to achieve and support various social goals as a whole. All the things(physical and financial resources) are taken by the businesses from the society, hence it should give something in return too like activities of the charity, donations to NGOs, etc. 

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