How corporate social responsibility is useful for the society
Answers
Corporate social responsibility(CRS) 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.
CORPORATE SOCIAL RESPONSIBILITY
>improving infrastructure
>employing the locals
>boosting schools
>helping in conserving the environment
>helping local hospitals within their reach
Corporates have a social responsibility within the society they are set up, companies have always tried to reach out to their responsibilities as much as is possible
Companies hve a social responsibility of building and improving the state of roads leading to their premises
They can also take part in helping the local community to have some social amenities in place such as hospitals and water projects