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Body shop and its CSR-Impact of Social Responsibility on Business Profitability and Social Welfare
Essay specific features
Written by:
Marilyn A
Date added:
July 5, 2016
Level:
University
Grade:
A
No of pages / words:
6 / 1498
Was viewed:
8970 times
Rating of current essay:
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)...
displayed 300 characters
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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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