asked 20.9k views
22 votes
Name some of the benefits and costs for a business dependent on their social responsibility

asked
User Nazma
by
8.8k points

1 Answer

9 votes

Step-by-step explanation:

Increased employee satisfaction. The way a company treats its community says a lot about how a company treats its employees. ...

Improved public image. ...

Increased customer loyalty. ...

Increased creativityOther reports provide similar estimates, with Fortune Global firms spending around $20 billion a year on CSR activities (Meier and Cassar 2018), and more than 90% of the 250 largest companies in the world now producing an annual CSR report (KPMG 2017).

answered
User Sturkmen
by
8.6k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.