answersLogoWhite

0

Studying corporate social responsibility (CSR) is essential because it helps organizations understand their impact on society and the environment, promoting ethical business practices. It fosters a positive corporate image, enhances customer loyalty, and can lead to improved financial performance. Additionally, CSR knowledge equips individuals to contribute to sustainable development and address social challenges, making it a critical aspect of modern business education.

User Avatar

AnswerBot

1w ago

What else can I help you with?

Continue Learning about Economics

Difference between ethics and social responsibility?

With social responsiveness you respond to a new/potential social need. With social responsibility you follow the ethics of your industry. The difference is the goal: with social responsiveness you try to sell more, while with social responsibility you try to have a good image.


Why do you need study microeconomics?

You don't 'have' to study anything. You study to grow and learn.


What stance should businesses take regarding social responsibility?

social responsibility is the personal obligation of every one , as he acts in his own interest , to assure that the rights and legitimate interests of all other are not infringedBusinesses address their social responsibilities in a number of different ways and some chose not to do so at all.An example of one business who thinks that their turnover allows for them to make a difference in the world are Bed Ted who have recently pledged to donate an item of baby bedding to a mother in need for every one bought.


What is the meaning of corporate governance?

Corporate governance is most often viewed as both the structure and the relationships which determine corporate direction and performance. The board of directors is typically central to corporate governance. Its relationship to the other primary participants, typically shareholders and management, is critical. Additional participants include employees, customers, suppliers, and creditors. The corporate governance framework also depends on the legal, regulatory, institutional and ethical environment of the community. Whereas the 20th century might be viewed as the age of management, the early 21st century is predicted to be more focused on governance. Both terms address control of corporations but governance has always required an examination of underlying purpose and legitimacy. - - James McRitchie, 8/1999 http://corpgov.net/library/definitions.html


What subject do you need to study home economics?

food technology

Related Questions

Why is it you need to study responsibility?

there is never a need to do that


Difference between ethics and social responsibility?

With social responsiveness you respond to a new/potential social need. With social responsibility you follow the ethics of your industry. The difference is the goal: with social responsiveness you try to sell more, while with social responsibility you try to have a good image.


What is corporate gift giving?

Corporate gift giving is often related to the notion that corporations should have a moral and social responsibility as well as economic accountability. An example of this is Bed Ted who have pledged to gave a way a set of baby bedding to a mother in need every time one is purchased from them.


What factors have influenced the social responsibility strategies of the phillip Morris company?

The social responsibility strategies of Philip Morris have been influenced by factors such as increasing public concerns about health risks associated with smoking, changing tobacco regulations globally, growing pressure from anti-smoking advocates and health organizations, and the need to improve public perception and reputation in light of these challenges. These factors have led the company to invest in alternative products, corporate social responsibility initiatives, and public health campaigns to address these concerns.


If dont have any qualification but you want to study social work what do you need do to be a social worker?

You need a masters degree in social work ; MSW...or a CSW


Why do study?

we need to study sociology because it studies trends and phenomena that influence social behaviors of individuals.


Why do we study?

we need to study sociology because it studies trends and phenomena that influence social behaviors of individuals.


What is social good theory?

Social good theory proposes that individuals and organizations should prioritize actions that benefit society as a whole, rather than focusing solely on individual interests. It emphasizes the importance of pursuing initiatives that lead to positive impacts on communities and the environment. By promoting altruistic behavior and corporate social responsibility, social good theory aims to create a more equitable and sustainable world.


Why do you need to study Social study?

Beause u will have to studie the history of people lives over the past years


What do you need to study in colage to be a nurse?

You will need to study Child development , Health and social care and Duble sciance and many other hard working courses!


Does the corporate real need board of the directors?

Does the corporate real need board of the directors Does the corporate real need board of the directors


What subjects do you need to study to become a businesswoman?

social studies,english,maths and management