Description
Corporate social responsibility makes for eminent business sense as well when one considers the knock- on effect that social and environmental responsibility brings to businesses. For instance, corporations exist in a symbiotic relationship with their environment ( the term environment refers to all components of the external environment and to ecological environment alone) where their exchange with the larger environment determines to a large extent how well they do in their profit seeking endeavors. The term corporate social responsibility gives a chance to all the employees of an organization to contribute towards the society, environment, country and so on. Corporate social responsibility goes a long way in creating a positive word of mouth for the organization on the whole. Doing something for your society. stakeholders, customers would not only take your business to a higher level but also ensure long term growth and success. Corporate social responsibility plays a crucial role in making your brand popular not only among your competitors but media, other organizations and most importantly people who are your direct customers. People develop a positive feeling for a brand which take the initiative of educating poor children, planting trees for a greener environment, bringing electricity to villages and providing employment to people.
