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Public Information Officers Report
Pages 4 (1004 words)
This report is sought by the senior executives of Value-Shop from the firm's Information Officer on their move to contemplate about its expansion strategy. The strategy covers plans and discussions over a period of three years and if successfully framed it is decided to double the outlets to increase the market share and meet the needs of customers from every nook and corner of the country.
CSR is not a new concept in the corporate world. The business organizations across the globe, both small and big have realized the significance of being socially responsible from the past experiences of many socially unsuccessful companies such as Enron. It has been well acknowledged by the corporate community that companies that seriously take care of CSR are more likely to sustain than those who do not. In fact, it takes into account the interest of all stakeholders. The benefits of being socially responsible are manifold. Some of the main include:
Conforming to the social and ethical corporate practices results in not only corporate citizenship but it offers a numerous benefits as well. Consumers always prefer to buy products of those who are at the helm of CSR. In an article from Practical advice for Business, the relevance of being CSR conscious is illustrated as, "sales of environmentally friendly" products continue to grow - and these products often sell at a premium price. Ben & Jerry's ice cream became as famous for its approach to responsible business as for its products" (Business Link, n.d.). The benefits of CSR companies as an entity of society are manifold. ...
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