Importance of corporate social responsibility

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Reference no: EM133513454

Assignment:

Read the following article on the importance of CSR: "The Importance of Corporate Social Responsibility" by Investopedia.

Watch the following video on the connection between CSR and business ethics:

How companies can create competitive advantage by addressing social issues through their business

"Corporate Social Responsibility and Business Ethics" by Business Ethics

After reading the article and watching the video as well as reading the class materials answer the following questions

a. Why CSR is important for businesses? Use your critical thinking and provide supporting points.

b. How does CSR contribute to the long-term success of a business? Use your critical and analytical thinking and provide supporting points.

c. What is the connection between CSR and business ethics? Use your critical and analytical thinking and provide supporting points.

d. Give an example of a company that practices CSR and explain how it is connected to their business ethics. Use your critical and analytical thinking and provide supporting points.

Reference no: EM133513454

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