CRITICAL ANALYSIS ON CORPORATE SOCIAL RESPONSIBILITY

Corporate social responsibility (CSR) is a self-adjusting business model that helps a company be socially responsible and liable to itself, stakeholders, and the public. By practicing corporate social responsibility, also called corporate citizenship, companies can be aware of the kind of impact they are having on all aspects of society including economic, social, and environmental. To engage in CSR means that, in the normal course of business, a company is operating in ways that encourages society and the environment, instead of contributing negatively to it. Consumers consider more than quality goods and services when choosing a brand. Many are prioritizing corporate social responsibility (CSR), and holding company liable for effecting social change with their corporate beliefs, practices and profits. In fact, some will even turn their back on their favorite companies if they believe they're not taking a stand for societal and environmental issues. But consumers are not the only ones who are drawn to businesses that give back. A company's CSR strategy is a big factor. Maintenance is another major part of CSR. You must actively and continuously work on your process; it is not a one-time process