xplore the concept of corporate social responsibility (CSR) and its significance in contemporary managemen

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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Explore the concept of corporate social responsibility (CSR) and its significance in contemporary management

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Step 1: Define the term contemporary management:

 Contemporary management refers to the practice and study of management principles,  ways, and approaches that are applicable and applicable in the present time. It involves the application of modern management practices and strategies to address the challenges,  openings, and changes in  moment's business and organizational  surroundings. Contemporary management encompasses a wide range of  generalities and methodologies, including leadership, organizational structure,  mortal  coffers management,  invention, technology application, and sustainability, among others, to effectively and efficiently achieve organizational  objects.    

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