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- What is CSR, and why is it important?Are the CSR activities required for every business and organization? Can some businesses stay in the market without implementing any CSR activities?Why Company spends more on CSR activities (Corporate Social Responsibility) even if there is no direct effect on their profit maximization in the short run?
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- (Guideline: Write about any other three suitable CSR activities which can be conducted by the companies you selected. Also write, what will be the benefit of your proposed CSR to the companies and public)Please assist with a statement of the problem for Economic and Social Consequences of COVID-19 on a small business.Lego Group, the manufacturer of Lego-brand toys, is a company that demonstrates ethical behavior, social responsibility, and environmental sustainment. Lego has a steady and strong presence implementing strategic management strategies with its values of sustainability, education, and societal contributions. The Lego Group promotes human flourishing by embracing humanity that serves everyone’s interest and promoting the growth, development, and holistic well-being of individuals and communities. The company believes every child should have an opportunity to achieve potential and learning through play is a powerful way to develop skills that will allow children to solve problems creatively, boosting confidence and tackle challenges ahead (Lego, n.d.). Lego strives to create a responsible place of work for employees, one in which they can thrive and be their best. The company focuses on making the workplaces inclusive, safe and motivating, where only the highest standards of ethical…