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Social Responsibility of Business- PDF

   

Added on  2021-02-19

9 Pages2497 Words91 Views
Social responsibility of business

Table of ContentsINTRODUCTION...........................................................................................................................3MAIN BODY...................................................................................................................................3Concept the range of business social responsibility....................................................................3The model of social responsibility..............................................................................................6Evaluate the ethical and sustainability........................................................................................7CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9

INTRODUCTIONCorporate social responsibility is the self-regulating business model which is help tocompany to be the socially accountable. This providing the positive impact to the society throughadapting the economic, political and environmental effect on the best manner. The main purposeof conducting CSR activity in the business is that it help companies and business to behaveethically with people by carrying various activities from the fair perspective. The present reportmust be based on the UK's small medium enterprises and its are engaged with less than 250employees who are working under the company in effective manner. For the report here is selectPMW communications which is full services marketing agency in UK. This company is help topeople in order to achieve their goals in the company and market life. MAIN BODYConcept the range of business social responsibility.The corporate social responsibility is the concept where companies are integrated socialand environmental concerns in their business operations and interactions. The SMEs needs torealize the CSR is must important but not for spending about money. It is the attitude and excuseof being the small with only prevent the SME form becoming world-class. SME have equalresponsible towards improving leaving conditions better for their employees and new hires whohave really needed to earn money in effective manner (Belal, 2016). The small business reallyneed to spend money in CSR activities for compete in market place and attract more customerstowards business and its growth factors. This is more important and effective for the business arefor small medium enterprises in UK. The importance of CSR as follows:Attract, retain and motivate employee by engaging them in CSR activities.This help to enhance brand and reputation at marketplace in effective manner. This promotes customers and brand loyalty of business in effective manner. The triple bottom line approach has proven the successful tool in the business for developingmedium business to assist them in meetings social and environmental standards withoutcompromising with their market competitors. Triple Bottom Line:Triple Bottom line theory is the best framework which is recommends that companiescommits in order to focus on the social and environmental with higher profit margin in proper

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