Learning Journal Session 5

Running Head: LEARNING JOURNAL SESSION 5
LEARNING JOURNAL SESSION 5
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Institutional Affiliation

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LEARNING JOURNAL SESSION 5
Questions for brainstorming
1. What is the topic of this session?
2. What are the key points of CSR?
3. What do I seek to learn from CSR?
4. What all do I need to read up to achieve my goal and learn the role of CSR?
5. How can I use it for myself in the future?
Learnings
Everyone needs an upper hand to make the business evolve. A purchaser-friendly
organisation stands in a better position than various organisations in a similar industry. An
organisation can take the lead in several different ways, but many organisations do so by
correlation or separation.
According to Schulz & Flanigan, (2016), when a company can create items more
efficiently or at fewer cost than its rivals, a relatively favourable position takes place. When
the item of an organisation is considered different or better than the item of a contending
organisation, a favourable difference is made. Consider, for example, non-exclusive
prescription compared with brand name medication. Traditional medicinal products are often
nearly favourable since they are less expensive than brand name medicinal products. In any
case, brand-name medicines usually have a preferred difference of view because many
customers agree that brand-name medicines are of better quality than traditional ones.
One needs to realise that a business needs a superior hand, so choosing to try to separate
the product by rehearsing the CSR. The term "social duty" refers to the activities of an
organisation which control its tasks and assumes responsibility for the effect on conditions
and society of the organisation (Saeidi et al., 2015).