Body shop and its CSR-Impact of Social Responsibility on Business Profitability and Social Welfare

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Issue:

Business

 

Written by:

Marilyn A

 

Date added:

July 5, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1498

 

Was viewed:

8891 times

 

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Essay content:

According to Pallazi and Starcher (2006), building these relationships and being responsible to them rather than looking into the profit can form the foundation for a new, progressive and people-centered corporate strategy. This brings us to the increased importance of Corporate Social Responsibility (CSR)...
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Profits are not only to reward investors but also to provide sustainable jobs, pay fair wages, pay taxes, develop new products, invest in services and contribute to the prosperity of the community. The Pyramid of Corporate Social Responsibility Source: Carroll's Pyramid of Corporate Social Responsibility Key Dimensions of CSR The six key responsibilities or dimensions of CSR are: investors, environment, customers, employees, business partners and communities...
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