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Monday, February 25, 2019

Corporate Social Responsibility -Pros and Cons Essay

CSR which stands for corporal hearty responsibility which is also known as bodily citizenship, corporate conscience and responsible business. 2.Different organisations go through framed different definitions save in a nutshell CSR is about how companies manage the business processes to produce an over exclusively confirmative impact on society. It is like giving back to the society. 3.CSR working would go beyond monetary donations to involvement in actual planning, carrying out and monitoring of public welfare programmes which has an overall impact to the consumers, workforce and stakeholders. 4.By adopting CSR it enables the corporate sector to achieve the t net profit objective of achieving a measurable positive change in the community and also the brand building of the keep company, boosting the esprit de corps of owners, shareholders, employees and customers.5.All leading corporates in India are involved in corporate hearty responsibility (CSR) programmes in areas lik e education, health, livelihood creation, skill development, and empowerment of weaker sections of the society. 6.Our company is too busy surviving hard times to do this. We throw outt afford to take our eye off the ball we have to focus on core business. Its the responsibility of the politicians to deal with all this stuff. Its not our role to get involved 7.Notable efforts have rally from the Tata Group, Infosys, Bharti Enterprises, ITC Welcome group, Indian Oil Corporation among others. 8.As per the latest news, governments new companies bill reportedly ask large companies to spend 2 % of their net profit on CSR.The theory is that corporates must aim for social goals not just profits. 9.To summarize CSR is one where its a win- win situation for both company as well as for the society.

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