Corporate Social Responsibility
Figure 1 -CSR (HBS Online, 2021) Businesses should perform in a socially responsible manner in addition to maximizing profitability. Investors and consumers seeking investments that are not only profitable but also advantageous to people and the environment have become progressively concerned about social responsibility (Ganti, 2021) . Why is corporate social responsibility so important to business? Figure 2 -better tomorrow (Asia Business Council, 2008) Organizations are increasing their influence on personal responsibility. From the standpoint of economics, socially responsible businesses provide a more appealing image to both investors and consumers. This has a favorable impact on their bottom line as well as their reputation among consumers and investors (Scott, 2021). Key points Figure 3 -CSR key (Knauf Industries., 2021) Becoming a so...