StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

The Benefits of Social Responsibility - Essay Example

Cite this document
Summary
"The Benefits of Social Responsibility" paper argues that Companies have a more positive outlook if they take social responsibility seriously. No problems or campaigns will be launched against such companies. It also benefits public relations by shaping consumer image and acting as a branding tool.  …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.8% of users find it useful
The Benefits of Social Responsibility
Read Text Preview

Extract of sample "The Benefits of Social Responsibility"

Social responsibility has become a strategic issue that has to be considered when planning for firms. Firms that take an active role in promoting social responsibility are viewed more favorably compared to those that don’t.

A company needs to go beyond making profits and products. Engaging in corporate responsibility gives the company a better image and consumers will want to engage more in the products being offered ( Crane, 21). Social responsibility can take different forms, the most popular being committing funds or resources for important social aspects. An example is donating money towards funding a facility for the blind. Another form of social responsibility is producing goods and services that are in the best interest of the whole community such as environmentally friendly products or the use of safe manufacturing materials.

According to (Crane, 79) the best form of corporate social responsibility should integrate the two forms mentioned above. Produce environmentally friendly products and fund charitable activities. 

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Article two Essay Example | Topics and Well Written Essays - 250 words”, n.d.)
Article two Essay Example | Topics and Well Written Essays - 250 words. Retrieved from https://studentshare.org/management/1624696-article-two
(Article Two Essay Example | Topics and Well Written Essays - 250 Words)
Article Two Essay Example | Topics and Well Written Essays - 250 Words. https://studentshare.org/management/1624696-article-two.
“Article Two Essay Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/management/1624696-article-two.
  • Cited: 0 times

CHECK THESE SAMPLES OF The Benefits of Social Responsibility

Social Responsibility - Profit and Ethics

SOCIAL RESPONSIBILITY-PROFIT AND ETHICS (Author's name) (Institutional Affiliation) Abstract Businesses engaged in the service of society have often been often blamed for pursuing profit making at the expense of social responsibility.... However, contemporary businesses have the potential to engage in social responsibility and spur profit growth.... To this end, the notion of resolving business and social responsibility has been regarded as impossible....
4 Pages (1000 words) Essay

How Managers Comply Social Responsibility

The paper "How Managers Comply social responsibility" claims BP was sued by shareholders because of a decline in share value due to management's failure to maintain the oil facility.... These actions are acts of social irresponsibility.... If the government fails to adequately regulate or legislate an environmental issue, it is still the responsibility of the socially conscious firm to be proactive in its approach.... A firm that uses 'legality' rather than 'responsibility' as its standard will find itself falling out of favor with the public and into the risk of future lawsuits....
4 Pages (1000 words) Essay

Benefits of Corporate Social Responsibility

The area of social responsibility extends not to the society in general but it is now focused on the workers, the investors, customers, and suppliers.... This paper "Benefits of Corporate Social Responsibility" sheds light on the benefits of maintaining corporate social responsibility that is reaped by all the stakeholders which include the shareholders, the owners, the employees, and the customers.... The study concludes that hospitality and tourism companies should always demonstrate corporate social responsibility....
9 Pages (2250 words) Essay

Corporate Social Responsibility (CSR)

Thus, CSR makes 16 July Corporate social responsibility Corporate social responsibility is the of integration of the corporate self regulation into the model of a business.... CSR benefits the society through responsible business.... It is essentially a business commitment to comply with the standards of ethics and make contribution to the economic development of a nation along with an....
1 Pages (250 words) Essay

Social Responsibility and Profitability of Multinational Corporations

The main drivers as well as The Benefits of Social Responsibility have been discussed.... The essay "social responsibility and Profitability of Multinational Corporations" focuses on the critical evaluation of whether multinational corporations can be socially responsible and maintain their profitability.... social responsibility is a practice in which multinational corporations observe and make sure that they stick to the laws, moral as well as international standards that govern global trade....
5 Pages (1250 words) Essay

The Benefits of Corporate Social Responsibility Practices

This paper discusses the increasing environmental concerns and globalization together to recognize the benefits of CSR practices.... A research method has been developed to investigate the involvement of local and large corporations in Corporate social responsibility practices....
8 Pages (2000 words) Research Paper

Is Ability of Business to Act Successfully in a Social Responsible Manner Determined by Its Products

The paper "Potential Benefits of Corporate social responsibility" states that CSR, for short, is the ability of a business to manifest its most solid basis to the public time and again.... The value and the dire limitations towards businesses and stakeholders in the realms of social reporting will be discussed as well be the extent to which governments have a role in influencing CSR.... otential benefits of CSR always helps the business in relation to the cost for businesses and its varied stakeholders....
8 Pages (2000 words) Essay

Corporate Social Responsibility: Providing Benefits to Organization

This term paper "Corporate social responsibility: Providing Benefits to Organization" establishes whether corporate social responsibility provides greater benefits to the organization than it does to society.... Introduction Corporate social responsibility (CSR) refers to the obligations of businessmen to pursue those policies, to make those decisions, or to follow those lines of action which are desirable in terms of the objectives and values of our society (Browen, 1953)....
11 Pages (2750 words) Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us