Importance Of Balancing Responsibility
One of the corporate social responsibilities for a company is being sustainable. In order for a company to succeed it must gain the society’s trust. Sustainability might be reached by integrating problems that affect the environment into strategic planning (Svensson & Wood, 2006). Companies that preserve the environment as well as succeeding in all their responsibilities toward the society will grow and make more profit. Being sustainable also includes protecting the …show more content…
In a world full of competitive business firms, it is hard for companies to stand out. One of the major concerns of facing corporation now days is Corporate Social Responsibility. A commitment made by the company to behave ethically toward the society, environment, the company’s stakeholders, and customers. Corporate Social Responsibilities affects the company’s public image and long-term relationship with companies and customers.
Since Corporate Social Responsibility is a very important topic, it needs more research and explanation. One of the reasons the topic of Corporate Social Responsibility will need further attention and research in the future, is because of the change in cultural ethics and traditions. Another reason is the new generations’ ideas and the society’s ethical standards. The innovation of technology will also play a role in affecting corporate social responsibilities in the