Challenges and Role of Corporate Social Responsibility in Achieving Business Objectives

Personal and Professional
Development

Table of Content
 Introduction
 Challenges of Corporate Social Responsibility
 Corporate Social Responsibility role in achieving Business objectives
 Conclusion
 References

INTRODUCTION
 Corporate social responsibility is a regulatory compliance over
corporate organizations that involve conducting operations to
initiate any suitable social cause.
 This report is based on the case study of Marks and Spencer (M&S)
in respect to operating corporate social responsibility (CSR)
functions.
 Henceforth, this report will project about the role of CSR functions
in achieving overall business objectives of M&S.

Challenges of Corporate Social
Responsibility
 Stakeholder Resistance
 CSR is a social cause operate by corporate organisations.
 Company management in M&S face resistance from its stakeholders like
shareholders and investors for operating CSR functions as it requires outflow of
company's financial resources.
 CSR operations also seek time to conduct operations.
 As CSR operations require investment of time and money the management face
resistance from its shareholders and investors for operating CSR functions.
 Measurement of CSR performance
 Among all challenges associated with conducting CSR operations to measure
the effect of company's CSR operations is also a major challenge company face.