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Question
Answer the following question in three to four lines.
Give your opinion in short on the usefulness of Corporate Social Responsibility.
Solution
A corporation’s community figure is at the mercy of its social responsibility programs and how conscious consumers are of this program. Corporations can develop their public image by supporting nonprofits through financial donations, volunteerism, in-kind contributions of products and services, and strong partnerships.
When companies contribute money to nonprofit organizations and promote their employees to volunteer their time, they reveal to investors that they don’t just care about profits. And they attract many foreign investments to the company.
Apart from benefitting the company, it also helps in improving the conditions of the needy.
RELATED QUESTIONS
Which of the following cities is not an IT Centre?
State whether the following statement is true or false. Correct the incorrect Statement.
Corporate social responsibility is compulsory for every industrialist.
Explain the importance of the I.T. Industry.
Highlight the difference.
Agro based industries – Information Technology industries.
