How Businesses Can Incorporate Csr Into Their Business Model

1619 WordsNov 27, 20147 Pages
Topic: Describe ways businesses can incorporate CSR into their business model. Introduction: Many large corporations are taking corporate social responsibility into account and making it a part of their everyday schedule. Over the past decades, there have been increasing concerns for general society that many businesses have little concern for the consumer and they care nothing about the deteriorating social order. But these days’ companies are encouraging employees to volunteer and make a difference in surrounding communities. In this way they are supporting and improving the quality of life and enhancing the vitality of the communities in which they operate. There are many organizations that are encompassing CSR into their plan of action and also they are making new policies that can be beneficial for society. There are so many ways to incorporate corporate social responsibilities into business modules such as health, education, environment and helping in natural disaster. Corporate Social Responsibility is concerned with treating the stakeholders of a company or institution ethically or in a responsible manner. That means treating key stakeholders in a manner deemed acceptable according to international norms. Social issues include economic and environmental responsibility. The wider aim of social responsibility is to create higher and higher standards of living. CSR is a process to achieve sustainable development in societies. CSR was once called social responsibility
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