So(at Blanketing these various responsibilities with the single term “corporate social responsibility" is an oversimplification that has led to a great deal of confusion. It is necessary to distinguish between the different types of corporate activities. (so (4) flat) the work companies do to engage in society 15 is fairly recognized and appreciated and companies are better able to benchmark* themselves against the performance of different enterprises and learn from example. A better understanding of engagement requires separate definitions for corporate governance, corporate philanthropy, and corporate social responsibility as well as te social entrepreneurship (5) the