The Article has been chosen from the database regarding the
Sustainability and Corporate Social Responsibility (CSR). The chosen article provides
brief information about CSR activities and why they are essential for any
organization. The corporate social responsibility has gain immense popularity
in the recent years due increase in the amount of competition. The customers
today have also become quite aware and they prefer to buy things from such
organizations which focus on the benefit of the society and contribute to the
welfare of the society. Not only the reputation of the organization increases
but also the profitability of the organization increases as well due to the
increase in the number of sales. Therefore, it can be said that CSR activities
play the major role in making the organization successful.
Many corporations today focus on the various activities
which promote corporate social responsibility. These activities include
charity, environment protection and various other activities that promote
social welfare. The people in the society are those who buy the products of the
organizations if these people realize that the corporation cares about them
then the sales of the organization increase which help the business to increase
its profitability hence help the business to sustain for a longer period. The
sustainability of the organization has huge importance for the business and can
only be achieved through proper business strategy. The business should include
CSR activities within the business Strategy (Murphy, 2018).
The alignment of business strategy with CSR strategy is
essential because through this the organization can achieve its desired goal.
Through CSR activities the organization will have the capability to
differentiate itself from the rest of the competitors. Overall CSR activities
have the major role in growth and development of corporation (OLSON, 2016).
References of database regarding the Sustainability and
Corporate Social Responsibility (CSR).
Murphy,
C. (2018, June 18). Why is social responsibility important to a business?
Retrieved from
https://www.investopedia.com/ask/answers/041015/why-social-responsibility-important-business.asp
OLSON, E. (2016, June 14). Retrieved from Sustainability and
CSR: A Word about Terms:
https://www.bsr.org/en/our-insights/blog-view/sustainability-and-csr-a-word-about-terms