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Corporate Social Responsibility: Justification, Challenges, and Practices

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Added on  2023-01-12

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This presentation explores the concept of corporate social responsibility (CSR) and its importance in enhancing personal and professional development. It discusses the justification for businesses to practice CSR, the challenges they may face, and the pyramid model of CSR. The presentation also highlights the benefits of CSR, such as brand equity and employee satisfaction.

Corporate Social Responsibility: Justification, Challenges, and Practices

   Added on 2023-01-12

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Personal and Professional
Development
Corporate Social Responsibility: Justification, Challenges, and Practices_1
TABLE OF CONTENT
INTRODUCTION
Justification why business should practice CSR
Challenges in practicing CSR
Carroll’s pyramid of CSR
CONCLUSION
REFERENCES
Corporate Social Responsibility: Justification, Challenges, and Practices_2
INTRODUCTION
Corporate social responsibility is the
concept that suggest every organisation
should contribute towards the society in
which they operate. The main aim of
developing this presentation is to build an
understanding about practices of
corporate social responsibility for the
purpose of enhancing personal and
professional development.
Corporate Social Responsibility: Justification, Challenges, and Practices_3
Justification why business should practice CSR
Corporate social responsibility is the set of practices which organisations
undertake to contribute towards the society. It is important for businesses to
undertake CSR activities due to following reasons:
Enhancing brand equity
Competitive advantage
Satisfied employees
Cost savings
Customer and employee engagement
Corporate Social Responsibility: Justification, Challenges, and Practices_4

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