Why is Corporate Social Responsibility important?

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nurnobi24
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Joined: Mon Dec 09, 2024 6:58 am

Why is Corporate Social Responsibility important?

Post by nurnobi24 »

In context, Corporate Social Responsibility (CSR) is the business awareness of the impacts they generate on the environment. These impacts can be economic, social, environmental, among others, regardless of the sector to which the company is dedicated. In addition, this concept is part of the strategic plan of businesses and is closely related to the reputation of companies.

CSR is not just about charity or one-off actions, but should be part of the philosophy of every business. As mentioned above, CSR is closely related to reputation. But gambling data china there are other benefits that, by making correct use of Social Responsibility actions, can contribute to business growth exponentially.

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Other advantages
In addition to the advantages mentioned above, CSR provides good communication of social actions. It also has a special influence when it comes to building customer loyalty and increasing the possibility of attracting new ones.

On the other hand, it also helps stakeholders or interest groups to have a sense of belonging, including workers.

In short, CSR is a way to encourage innovation among employees, as well as providing a sense of transparency both internally and externally.

Finally, it is worth mentioning that FUNIBER sponsors numerous university programs in the business area in order to train professionals. Some of these programs include the Master in Business Administration and Management (MBA) and the Master in Strategic Management, where students have access to specialized information regarding Corporate Social Responsibility (CSR).

Source: The importance of Corporate Social Responsibility

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