GENERAL KNOWLEDGE

Detailed explanation-1: -Culture is not one of the three factors of Corporate Social Responsibility. Culture is not one of the areas in which organizations have corporate social responsibility. The three factors of CSR are environment, economy, and society.

Detailed explanation-2: -CSR is generally categorized in four ways: environmental responsibility, ethical/human rights responsibility, philanthropic responsibility and economic responsibility.

Detailed explanation-3: -Paying govt taxes is not a social duties.

Detailed explanation-4: -CSR initiatives are often broken down into four categories: environmental, philanthropic, ethical, and economic responsibility. Environmental initiatives focus on preservation of natural resources, while philanthropic initiatives focus on donating to worthy causes that may not relate to a business.