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· 1. Corporate Social Responsibility has recently become very valuable for modern business. Companies’ leaders started to realize that CSR might bring the same, or even higher, impact on their main purpose – maximize the profit – rather than conservative ways of · csr can be seen as those actions that appear to further some social good, beyond the profit seeking interest of a firm and that which may be required by law, to affect the society with positive impact on the community, consumers, environment, and workers (baron, ).csr programmes would include those actions that improve the environment, Social corporate responsibility and the maintenance of high ethical standards is not an option but an obligation for all businesses. Corporate social responsibility is no longer defined by how much money a company contributes to charity, but by its overall involvement in activities that improve the quality of people’s lives
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★ “Corporate social responsibility is undertaking the role of “corporate citizenship” and ensuring the business values and behaviour is aligned to balance between improving and developing the wealth of the business, with the intention to improve society, people and the planet”Estimated Reading Time: 5 mins corporate social responsibility (csr, also called corporate responsibility, corporate citizenship, and responsible business) is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers, suppliers, employees, shareholders, communities and other stakeholders, as well · Community-Based Corporate Social Responsibility (CSR) The corporation joins hands with other organizations (usually Non-Profit ones) to ensure the welfare of a local community’s people. These organizations either fund or receive funding from corporations to perform tasks that can improve the living conditions of the community’s people
IMPORTANCE OF CSR
· Corporate Social Responsibility is the responsibility of businesses to uphold social justice, human rights, and environmental protection. It can be seen as a way for companies to give back to society by contributing to the welfare of their communities. This essay will cover how CSR is important in our society today. Table of Contents hide corporate social responsibility (csr, also called corporate responsibility, corporate citizenship, and responsible business) is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers, suppliers, employees, shareholders, communities and other stakeholders, as well · In conclusion, the concept of CSR is satisfactory in maintaining a balance in society especially in the 21 st century. As much as these business enterprises are mandated to maximizing their profits, a slight inclination to giving back to the society is not too much to ask for
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corporate social responsibility (csr, also called corporate responsibility, corporate citizenship, and responsible business) is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers, suppliers, employees, shareholders, communities and other stakeholders, as well ★ “Corporate social responsibility is undertaking the role of “corporate citizenship” and ensuring the business values and behaviour is aligned to balance between improving and developing the wealth of the business, with the intention to improve society, people and the planet”Estimated Reading Time: 5 mins · Community-Based Corporate Social Responsibility (CSR) The corporation joins hands with other organizations (usually Non-Profit ones) to ensure the welfare of a local community’s people. These organizations either fund or receive funding from corporations to perform tasks that can improve the living conditions of the community’s people
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· csr can be seen as those actions that appear to further some social good, beyond the profit seeking interest of a firm and that which may be required by law, to affect the society with positive impact on the community, consumers, environment, and workers (baron, ).csr programmes would include those actions that improve the environment, · Corporate social responsibility (CSR) is a self-controlling model of business that helps business organizations to be socially accountable to the public, stakeholders, and self. Through CSR, companies have conscious of how that affects society environmentally, socially, and economically as they do their businesses (Basuony et al., ) · 1. Corporate Social Responsibility has recently become very valuable for modern business. Companies’ leaders started to realize that CSR might bring the same, or even higher, impact on their main purpose – maximize the profit – rather than conservative ways of
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