AIPMT Full Form
May 9, 202239 Insightful Publication
CSR full form in English is Corporate Social Responsibility and the CSR full form in Hindi is कॉर्पोरेट सोशल रेस्पोंसिबिलिटी. CSR is a corporate framework that makes a company accountable to its consumers and stakeholders by making them aware of the firm’s impact on the social, economic, and environmental aspects of society.
The idea of CSR is to integrate economically-useful services and activities into an organisation’s business strategy and culture. Introducing CSR initiatives in organisations leads to an increase in employee satisfaction and their overall productivity levels.
CSR regulations assert that in addition to performing business, a company should fulfil its social responsibility as well, which may include:
In addition to this, corporations are required to create a CSR committee that reviews and approves the Board’s CSR initiatives, plans, and policies.
CSR activities are majorly divided into four categories:
The primary purpose of all CSR activities is to have a beneficial influence on the environment, people, and society rather than simply maximising profits.
CSR reflects the social and brand image of a company. Therefore, it is important to follow all the CSR activities diligently. Here are a few advantages of having CSR initiatives at work:
Let’s look at some of the commonly asked questions about CSR:
Question 1: What is the full form of CSR?
Answer: The CSR full form in English is Corporate Social Responsibility and the CSR full form in Hindi is कॉर्पोरेट सोशल रेस्पोंसिबिलिटी.
Question 2: What is CSR?
Answer: CSR is a corporate framework which ensures that a company is accountable to its consumers and stakeholders via providing awareness of the firm’s impact on the social, economic, and environmental aspects of society.
Question 3: What are the 4 types of CSR activities?
Answer: CSR activities are majorly divided into four categories. These are:
Question 4: What is the primary purpose of all CSR activities?
Answer: The primary purpose of all CSR activities is to have a beneficial influence on the environment, people, and society rather than simply maximising profits.
We hope this article on CSR full form proves helpful to you. Do let us know if you have any questions on the same through the comments section below and we will get back to you at the earliest. For more such informative articles, keep visiting Embibe.