Explain why CSR makes good business sense.

Corporate Social Responsibility (CSR)

Describes the efforts taken by corporations to address the company’s effects on environmental and social well-being in order to promote positive change.

Identifying the potential benefits of implementing CSR practices.
Recognizing the positive impact of CSR on brand reputation and customer loyalty.
Understanding the importance of corporate social responsibility (CSR) in business operations.

Verified Answer

Bailey Knight

Feb 18, 2024

Final Answer :

Effective CSR can result in more engaged customers,lead to real innovations,decrease costs,decrease waste,save energy expenses,reduce packaging,increase public image,improve brand,and bring people together.

Learning Objectives

Identifying the potential benefits of implementing CSR practices.
Recognizing the positive impact of CSR on brand reputation and customer loyalty.
Understanding the importance of corporate social responsibility (CSR) in business operations.

Explain why CSR makes good business sense.

Definitions

Learning Objectives

Learning Objectives

Related questions