Which of the following statements are correctly stated about Corporate Social Responsibility (CSR)? Choose two answers.

Question

Which of the following statements are  correctly  stated about Corporate Social Responsibility (CSR)?  Choose two answers.

Answer

CSR initiatives require investments and  always  decrease a firm profitability in the long-run.

Answer

Companies should evaluate and address the broader impacts of their decisions on primary stakeholders  only.

Answer

The main purpose of CSR is to ensure the highest possible financial returns to shareholders.

Answer

CSR requires companies to take accountability for their social, environmental, and economic impacts.

Answer

Community engagement under CSR can be strategic, aiming to support sustainable community development rather than just profit-making.

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