Difference between revisions of "Social Audit"

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Latest revision as of 18:00, 11 March 2020

Social Audit - (noun)

Definition

This is a review of a company’s activities, procedures and code of conduct with regard to social responsibility and the impact the company has on society.

Extra

Source: Adapted from Investopedia
Example of Use: The company was nervous about the social audit they were undergoing. They were worried about gaining a bad reputation.