CSR has helped in building long-term consumer, citizen and employee trust which a foundation for a sustainable business model. Consequently, it has created a favorable environment in which businesses can grow and innovate. Therefore investing in external and internal training assists employees do a better job, high-quality products, and good service delivery, due to improved social welfare. A clearly spelled out CRS goals and vision attract employees with shared values thus giving the company a competitive edge when competing with its rivals over talents (Hancock, 2005, 20).
CSR has resulted in a better environment. This includes proper waste management, balanced ecosystem and clean and green environment. Corporations have adopted environmentally sustainable business practices which have maximized benefits and minimize detriments (Louche et al, 2010, 209). Such activities include recycling of electronics and adoption of business plans that shun the use of destructive practices or dangerous chemicals. A company that fails to adopt universal policies relating to the environment faces bad publicity. Dell is an example of such an organization. The company decided to recycle computers in Europe but not in the US because it is required by law in the EU. Public Relations: Corporate Social Responsibility.
Hancock, J. (2005). Investing in corporate social responsibility: a guide to best practice, business planning & the UKs leading companies. London [u.a.], Kogan Page.12
Mullerat, R., & Brennan, D. (2011). Corporate social responsibility: the corporate governance of the 21st century. Alphen aan den Rijn, Kluwer Law International.
Louche, C., Idowu, S. O., & Leal Filho, W. (2010). Innovative CSR from risk management to value creation. Sheffield, UK, Greenleaf. 209
Please type your essay title, choose your document type, enter your email and we send you essay samples