discuss the implication of good corporate social responsibility to entre[preneurs in zimbabwe. give practical examples applicable to your of specialisation
Answers
Answer:
Corporate social responsibility is a mutual way for companies to benefit the society while benefiting them in the process. We cannot expect CSR to eliminate the world’s problem at once because practically that’s too much to expect but it can definitely do countless good to the community in which the company is operating. What are Benefits of Corporate Social Responsibility (CSR) towards Society
When a company is adopting CSR it is important to let its consumers know about it. CSR initiatives become pointless if you don’t get consumer acknowledgement. In this case Walmart has done it all right. Walmart has established itself as a leader on environmental efforts and for the past few years it has successfully maintained its leadership role in this particular field. Walmart was careful to inform the consumers about its CSR efforts. In 2008 Walmart ran an ad campaign designed to raise awareness about the environment.
CSR is the best way to connect with the consumers and keep them engaged with your brand because through CSR campaigns you are talking about something good which will benefit everyone.