Reasons for Practicing Corporate Social Responsibility

PERSONAL AND PROFESSIONAL
DEVELOPMENT

Table of Contents
 INTRODUCTION
 Reason behind why businesses practices CSR
 Challenges while practice corporate social responsibility within current competitive business
environment
 CONCLUSION
 REFERENCES

INTRODUCTION
 Corporate social responsibility is known as CSR, it is a set of business values that can be defined
as voluntary activities that go beyond those prescribed by law.
 The current Presentation is based on CSR practices, it justified why businesses should practice
corporate social responsibility, with some business examples.
 Furthermore, this assignment evaluate challenges while doing above thing within current
competitive business environment.

Reason behind why businesses practices CSR
What is CSR-
 Corporate social responsibility is the management concept whereby
firms incorporate environmental and social concerns in their business
operations and connections with stakeholders (Banerjee, 2014).
 It is generally understood as being way through which organizations
achieve a balance of social imperatives and other as well.
 Corporate social responsibility bring different of competitive benefits
such as enhanced access to markets and capitals.