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State whether the following statement are true or false with reasons. Corporate Social Responsibility (CSR) has great significance today. Select the correct answer from above options

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This statement is True. The broad perspective of public administration views it as a cooperative group effort, engaged in collaborations with private groups in providing basic services to the community CSR means that companies try to integrate social and environmental concerns into their operations as a way to contribute to society. These activities include activities like disaster relief, limiting pollution, social awareness, and educational programmes.

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