Corporate Social Responsibility : Business Practices Involving Initiatives That Benefit Society Essay

2223 Words9 Pages
Corporate social responsibility “refers to business practices involving initiatives that benefit society” (Caramela, 2016). Categories of social responsibility can be environmental efforts, philanthropy, ethical labor practices, or volunteer work. Organizations need to be more socially responsibility than ever before in order for their businesses and the world to be able to have maximum sustainability. "Sustainability isn 't just important for people and the planet, but also is vital for business success… Communities are grappling with problems that are global in scope and structurally multifaceted — Ebola, persistent poverty, climate change. The business case for engaging in corporate social responsibility is clear and unmistakable” (Caramela, 2016). Corporate social responsibility is becoming a major priority for strategic development by corporations around the world. Management needs to take great care in understanding the relationship between the activities of their organizations, customers, the community, the government, the environment, and employees. Why is social responsibility a major problem facing organizations and management? Global interdependence demands that organizations and management make social responsibility, ethical behavior, ecological protection, and economic development a priority. When a business is socially responsible it establishes that it cares about people, global sustainability, and the community as a whole. A lot of businesses have been
Open Document