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Discussion: Social Responsibility
Instructions
In this discussion board, you will address the costs and benefits of corporate social responsibility (CSR). A goal of a company is to make money, and therefore, it needs to balance the costs and benefits of CSR.
Questions
As a consumer, do you consciously choose products/businesses who engage in CSR and how do you choose these products/businesses?
Are you willing to pay more, and if so, how much more?
Have you ever NOT purchased a product for reasons related to CSR and on what premise did you make this decision?
If you were a small business owner, how would you remain cost competitive when large corporations introduce CSR practices, such as what McDonald's did with eggs?
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