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Corporate Social Responsibility - Assignment Example

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This paper "Corporate Social Responsibility" discusses corporal behavior that is one, which has taken its base from the dealings of the business world. Corporate Social Responsibility is defined as the mixture of both these behaviors comes in the frame…
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Corporate Social Responsibility
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Download file to see previous pages It is sort of a symbiotic relationship between the two where each benefits the other one. The business company, by helping the society in terms of different reforms and programs, gains a lot for the company’s overall standing between its competitors and all. The society, on the other hand, gets to make quite a lot as the business entity restructures the different people who are either illiterate or need help or are in distress.

There are obviously many controversies whenever anything is done which involves the business doing something out of its actual set approach. The example here can be given of the company Enron for which the critics had said that considering the personal relationship between the CEO Kenneth Lay and the US President George Bush, the company would be rather listening and applying to Vice President Cheney’s energy policy process than any other single interest taking birth from within the company itself. Such kind of controversies can erupt anytime within any company that has set its mission to go about the process of carrying the Corporate Social Responsibility. Much has to be tackled whilst hundreds of obstacles come. CSR movement needs caution while promoting their achievements because there are many critics around who can question the legitimacy of a particular accomplishment and can sabotage it all together.

CSR can really get the best out of business companies and industries. When they find out that their market is in direct proportion to what they do in the social sector, they invest more and more which ultimately profits the society and the needy in particular. The citizens, no, matter what they feel about the corporal responsibilities they own to the society, must agree in principle that these business companies can really get the best out of themselves and help the society in more than one way. Their commitment is loyal because this is the golden tenet of business, never to lie with the customer so how can they tell untruths and fool around people with false welfare works and the like. Corporate Social Responsibility can regulate the workings of the company and serve as a welfare organization for the masses of a particular society, thus boosting the market as the competition will increase between the different corporals, which will, in the long-term, only benefit the society. ...Download file to see next pagesRead More
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