Corporate Social Responsibility involves an organization’s active mindfulness toward promoting high social, economic and environmental standards, which meet those of the company’s stakeholders. The idea has evolved from mere dialogue into a multi-billion dollar public relations enterprise within the realm of international business and commerce. Typically, CSR promotes voluntary alternatives to mandatory policies that are already in place; simply put, it is a way for corporations to proclaim their responsibility without having to meet minimum standards. While it is an admirable notion, CSR thrives on idealism, rather than real-world expectations, which have led many to believe that the practice is irresponsibly out-of-touch with reality.
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