Thursday, August 8, 2019
Introduction to Businsse Essay Example | Topics and Well Written Essays - 250 words
Introduction to Businsse - Essay Example Social responsibility contributes to positive impact on the corporate by the society hence improved performance. In the recent past, customers have become more sensitive of not only the quality of products and services they receive, but also the means used by organizations to produce the products (Aras and Crowther 494-496). Organizations demonstrating any form of inhumanity in goods production such as child labour, discrimination, or environmental degradation face the possibility of lacking good market for their products. Operations of various organizations create social problems thus it is important that they address such problems to retain their acceptability. Social responsibility also helps corporate gain long-term favourable environment for their operations, products, and services (Aras and Crowther 566). Corporate social responsibility towards its stakeholders and society to ensure they also thrive together with the organization. Corporate social responsibility helps display business as unselfish and suitable community contributor earning the business a pleasant reputation. Corporate social responsibility may fail to recognize by society but lack of it is easily noticed results in negative repercussion. Corporate social responsibility contributes to improved economic performance, increased potential to attract and maintain employees, boost brand image, improved sales, and customer allegiance (Aras and Crowther
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