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What is the importance of CSR for your business? The internet has rapidly become the tool of choice for spreading information about companies around the world. The thing every company fears most is becoming the target of a powerful single-issue campaign group. So, rather than wait for it to happen, it is better to take pre-emptive action in the form of environmental product development and labelling, or engaging in such ideas as Codes of Conduct and social audits. We have to take cognisance of the new forces in the consumer market, where the consumer-citizen is metamorphosing (gradually in countries like India) into a citizen-consumer. Cause marketing, development partnerships and environmental concerns make good business sense - particularly in terms of recycling materials, employee satisfaction and morale, building up reputational capital and as a distinctive brand marketing tool.

Inportance in business communication Facing continuous technological evolution and new market demands in an ever more globalised environment, CSR can help telecom companies to add value to their businesses. For example: by responding to customers' and societal needs ; by attracting, retaining or support a better employability of employees ; by developing innovative products ; by improving the quality of service, efficiency and productivity ; by enhancing their brand and reputation in the eyes of their customers, employees and other stakeholders More Useful Information you can get from www.vinayakjobs.com

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14y ago
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14y ago

so that they can sack there enploees and chop their heads off, further more they can take, beheaded and burn without it beingIllegal.

chop chop

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9y ago

Social responsibility shows respect and appreciation to the clients and the community that has helped the company achieve success. It is also a great way to help those who are less fortunate.

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Q: What are the importance of corporate social responsibility?
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