Corporate Social Responsibility : A Good Corporate Citizen Essay
In today’s free-market economy, where is your reputation stand for as a corporation often matters more than what products you offer. How the people feel about a company is solely based on their perceptions on good feeling, admiration, esteem, and finally, their trust in the company’s Corporate Social Responsibility practices (CSR). The companies with the best reputations will receive recognition from the public for their effort and are on the right path of building a sustainable business for the future. A good reputation may include safe products and services, safe workplace environment, good leadership, corporate citizenship, financial performance, innovation and business ethical.
Corporate social responsibility can be defined as the “business’s consideration of society’s well-being and consumer satisfaction, in addition to profits.” (Kurtz 2015). The term Corporate Social Responsibility refers to a company who take responsibility to provide needy benefit to the society that support its existing with consumer’s buying power. Social responsibility is considering a moral principle of a business entity. It is a duty of every business and its leadership in-charge to maintain the balance between business ethical and profit, and social responsibility. It is the social duty, the mission and commitment of the company to help improve the society by providing the best possible working and living conditions for its employees, their…