Corporate Social Responsibility (CSR) is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers, employees, shareholders, communities and the environment in all aspects of their operations. This obligation is seen to extend beyond the statutory obligation to comply with legislation and sees organizations voluntarily taking Estimated Reading Time: 4 mins Oct 26, · 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 developing their blogger.comted Reading Time: 5 mins Essay On Csr Words3 Pages Findings by (Shiqun ), states that some organisations identify CSR simply with a social denotation and strongly agree with the idea that they are not charity organisations and as such should have no obligation to resolve problems in the society
Corporate Social Responsibility Essay | Bartleby
Corporate Social Responsibility CSR is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers, essay on csr, employees, shareholders, communities and the environment in all aspects of their operations. This essay on csr is seen to extend beyond the statutory obligation to comply with legislation and sees organizations voluntarily taking further steps to improve the quality of life for employees and their families as well as for the local community and society at large.
The debate about CSR has been said to have begun in the early 20th century, amid growing concerns about large corporations and their power. The ideas of charity and stewardship helped to shape the early thinking about CSR in the US. There is no universally accepted definition of CSR- Selected definitions by CSR organizations include:. To demonstrate good business citizenship, firms can report compliance with a number of CSR standards The scale and nature of the benefits of CSR for an organization can vary depending on the nature of the enterprise, and are difficult to quantify, though there is a large body of literature exhorting business to adopt measures beyond financial ones CSR may be based within the human resources, business development or public relations departments of an organization, essay on csr, or may be given a separate unit reporting essay on csr the CEO essay on csr in some cases directly to the board.
Some companies may implement CSR-type values without a clearly defined team or programme. The business case for CSR within a company will likely rest on one or more of these arguments:. A CSR programme can be seen as an aid to recruitment and, essay on csr within the competitive graduate student market. CSR can also help to improve the perception of a company among its staff, particularly when staff can become involved through payroll giving, fundraising activities or community volunteering.
In crowded marketplaces companies strive for a unique selling proposition which can separate them from the competition in the minds of consumers. CSR can play a role in building customer loyalty based on distinctive ethical values.
Business service organizations can benefit too from building a reputation for integrity and best practice. So businesses should be more responsible for their environment.
Government restriction, tariffs, globalization, environmentally sensitive areas and exploitation are problems that are costing millions of dollars for organization, essay on csr.
It may be apparent that in some cases, ethical implications are simply a costly hindrance that potentially forces businesses to finding alternative means to shift viewpoints, essay on csr. It is certainly a potential strategic tactic to gain public support to sustain a competitive advantage. Unfortunately many consequential events are a reason why CSR policies become evident.
But CSR opens up a whole new horizon for essay on csr and better opportunities for both the employer and employee. It is now for more organizations to realize the importance of CSR, and take the right step towards success.
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, time: 6:03Descriptive Essay On Corporate Social Responsibility: Best Guideline
Oct 26, · 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 developing their blogger.comted 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 as the environment Essay On Csr Words3 Pages Findings by (Shiqun ), states that some organisations identify CSR simply with a social denotation and strongly agree with the idea that they are not charity organisations and as such should have no obligation to resolve problems in the society
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