“Successful people have a social responsibility to make the world a better place and not just take from it.” –Carrie Underwood
Sometimes I think what and whom is a business for? What is the link between Corporate Advantage and Corporate Social Responsibility? Corporate Social Responsibility may be defined as a form of corporate self-regulation integrated into a business model. It functions as a built-in, self-regulating mechanism whereby a business monitors and ensures its active compliance with the spirit of law, ethical standards, and international norms. CSR functions strive to strike a balance between the economical & the strategic impacts of the organization, trying to decrease negative environmental impact and increase the competitive edge of the organisation with a sense of sustainable development. Many companies have recently affiliated themselves with this term.
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