Cost Accounting

Definition of Cost Accounting as it relates to Business, Organizational Behavior, Organizational Structure

Corporate Social Responsibility (CSR) refers to a business strategy that involves organizations taking responsibility for their impact on society and the environment, beyond their legal obligations. It is an approach that integrates social, environmental, and economic concerns into the organization's operations and decision-making processes. CSR encompasses organizational behavior, structure, and culture, as well as the relationships between business and its stakeholders, including employees, customers, communities, and the environment. It can include initiatives such as philanthropy, ethical labor practices, environmental sustainability, and community engagement. Ultimately, CSR is about creating long-term value for all stakeholders and contributing to a more sustainable and equitable society.

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