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Mgt 419 – Lecture Notes 9/5 MGT 419: Lecture Notes 9/5Chapter 2:Corporate Social Responsibility (CSR)CSR- Managers need to consider the impact of the company’s actions on society.Corporate CitizenshipSustainability Conscious Capitalism Creating Social Value CSR TimelineEconomic Model – organizations need to be financially viable to survive. Sometimes engaged in: philanthropy, community obligations and paternalism. Legal Model – organizations.