Please only provide feedback for this discussion:
Please provide a specific example of a company you knowor have read about, and how it has demonstrated socialresponsibility, and how this has benefited thecompany.
Levi Strauss Co. hasan initiative for worker well being. This initiative focuses onimproving the life of their employees, and as such enables them tobe more productive while at work. They also have a campaign called“WaterExplain why Corporate Social Responsibility is importantto each of the above stakeholders.
First companies inthis era are more susceptible to public opinion. Thissusceptibility leads to a need to create and maintain a publicimage. Customers can use tools like social media and review sitesto boost or destroy a company. With that risk, a company needs totake actions to make their social interactions in line with themoral ideals they portray. Companies like Toms that provide help tothose in need based on purchases offer a chance for someone to helpout just by buying something they needed anyway. That can bring inmore sales because they are making the customer feel like they area part of the solution, and helping others.
Second the environmentand how we treat our planet has become a lot more important as welearn about all the damage we are doing to it. With that in mindcompanies can create a positive image through being environmentallyresponsible and taking action to lessen their impact. Beingenvironmentally friendly might create some costs, but the tradeoffin positive public image, and new customers because of that imagewill potentially compensate for any losses.