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Some business have CSR targets to be met. There are many ways businesses can help to improve the community. Like adopt a child, family, school, or a village, sponsor a vocation training program, volunteering for a cause etc. There are some NGOs like tkf.org.in that help businesses achieve their CSR target by providing the necessary guidance and support, so that businesses can focus on their business.
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What impact does social responsibility have on other businesses?
no
Did the Lehman Brothers fulfill their ethical and social responsibility?
No, they broke the world economy
What is business social responsibility and corporate profit maximization?
"corporate social responsibility" is how businesses monitor themselves ethically. Businesses incorporate things such as sustainability into their CSR plan
Social responsibility of a business management to society?
Businesses have a social responsibility to act ethically. When businesses act ethically, they are able to increase their profits because more customers will choose to purchase from them.
How does social responsibility business positively affect the consumer?
How does social responsibility by businesses affect the consumer community negatively
What phrase describes businesses who develop a positive relationship to society?
Social Responsibility
What 3 examples of how businesses address their social responsibility function?
Social responsibility is a way for businesses to ensure they are following the laws and ethical standards set by consumers, lawmakers, and stockholders. Three examples of addressing social responsibility include environmental sustainability, community involvement, and ethical marketing practices.
What is one of the biggest social issues that businesses face today?
Environmental Responsibility
What is it called when companies support social issues?
When companies support social issues, it is referred to as corporate social responsibility (CSR). This involves businesses taking responsibility for the impact of their activities on society and the environment.
What are the major areas of social responsibility with which businesses should be concerned?
Health, housing, and employment
How can a business fulfill its social responsibility to its customers and still earn a profit?
while it earns its profits, it IS fulfilling its social res. IT is hiring, training, buying locally.
How do we improve corporate social responsibility?
One way society can improve corporate social responsibility is by boycotting businesses that don't act responsibly. When a business loses money, they respond accordingly.
