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Analyze the relevance of csr in today business strategies

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Reference no: EM132892373

Given the current scourge of the coronavirus, some companies continue to subscribe to the Milton Friedman dictum that the "social responsibility of business is to maximise profits". For example, firms such as Gap and Starbucks kept their doors open until the last week in March in pursuit of sales but put people - their workers and customers - at risk of catching the virus and spreading it to many others.

1. Using the above statements as a backdrop, analyze the relevance of CSR in today's business strategies and activities.

NB: Please provide a detailed explanation given the mark allocation for this question

Reference no: EM132892373

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