Why is CSR important to business organizations? Explain in short the theories of CSR, with their respective strengths and weaknesses
Corporate Social Responsibility (CSR) plays a vital role in the business landscape by encouraging sustainable practices, fostering trust, and enhancing relationships with stakeholders. It enables organizations to bolster their reputation, attract customers, investors, and talent, while also mitigating potential risks. Furthermore, CSR stimulates innovation, boosts employee engagement, and contributes to long-term financial success, all while … Read more