answersLogoWhite

0

What is the importance of CSR for your business? The internet has rapidly become the tool of choice for spreading information about companies around the world. The thing every company fears most is becoming the target of a powerful single-issue campaign group. So, rather than wait for it to happen, it is better to take pre-emptive action in the form of environmental product development and labelling, or engaging in such ideas as Codes of Conduct and social audits. We have to take cognisance of the new forces in the consumer market, where the consumer-citizen is metamorphosing (gradually in countries like India) into a citizen-consumer. Cause marketing, development partnerships and environmental concerns make good business sense - particularly in terms of recycling materials, employee satisfaction and morale, building up reputational capital and as a distinctive brand marketing tool.

Inportance in business communication Facing continuous technological evolution and new market demands in an ever more globalised environment, CSR can help telecom companies to add value to their businesses. For example: by responding to customers' and societal needs ; by attracting, retaining or support a better employability of employees ; by developing innovative products ; by improving the quality of service, efficiency and productivity ; by enhancing their brand and reputation in the eyes of their customers, employees and other stakeholders More Useful Information you can get from www.vinayakjobs.com

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

What is The scope of corporate social responsibility?

scope of corporate social responsibility


What are the importance of corporate social responsibility in business?

to maintain an image of company towards society


What is the difference between corporate governance and corporate social responsibility?

Corporate governance is for the accountability to shareholders, corporate social responsibility is for the accountability to remaining other stakeholders.


What is the difference between social responsibility and corporate social responsibility?

The term "corporate social responsibility" and "corporate citizenship" are often used interchangeably. They are used to describe the idea of a business making a positive difference in the world.


What is the corporate social responsibility of kfc?

yes


What is corporate social responsibility?

I dont know do i


What has the author Poerwanto written?

Poerwanto has written: 'Corporate social responsibility' -- subject(s): Business ethics, Corporate culture, Social responsibility of business


What is the difference between Corporate Social Responsibility and Corporate Citizenship?

The term "corporate social responsibility" and "corporate citizenship" are often used interchangeably. They are used to describe the idea of a business making a positive difference in the world.


What is the corporate social responsibility components in shoe shop?

what are the corporate social responsibity that are related to shoe shop


What is the corporate social responsibility of Marks and Spencer?

tescos


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


CSR Corporate Social Responsibility?

Corporate social responsibility (CSR) is a self-regulating business model that helps a company be socially accountable to itself, its stakeholders, and the public.