M: Marketing
M: Marketing
5th Edition
ISBN: 9781259446290
Author: Dhruv Grewal Professor, Michael Levy
Publisher: McGraw-Hill Education
Question
Book Icon
Chapter 4.5, Problem 1CY
Summary Introduction

To determine: The evolution of corporate social responsibility (CSR) since 21st century.

Introduction:

Corporate Social Responsibility (CSR) is an approach which shows the influence of business operations on public, environment and economy. It is the responsibility which a company is liable to perform in return of using various resources from the society.

Expert Solution & Answer
Check Mark

Answer to Problem 1CY

Since 21st century corporate social responsibility (CSR) has grown very wide as company is focusing more on charitable foundations, working with non-profit groups and organizations, sales and production practices.

Explanation of Solution

Since 21st century corporate social responsibility has evolved in many ways that are mentioned below:

  • Company is focused on establishing charitable foundations which will be helpful in providing facilities to the people in need.
  • Company shows their support by associating as well as supporting nonprofit groups or organizations.
  • Company is being responsible by following marketing, selling and production process in a proper manner without harming to the society.
  • Company is using resources from the society; in return it provides a better environment as well as employment opportunities to the society.
Conclusion

Thus, company evolves in corporate social responsibility by taking active part in establishing charitable foundations and supporting nonprofit groups for the welfare of the society.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
rtc.instructure.com/courses/2557985/quizzes/9396620/take TH190 002 44362 > Quizzes > DO - What are the missing values? ments ons Events Resources o Recordings DO-What are the missing values? A+ Started: Jan 10 at 10:51am Quiz Instructions Identify the missing value to complete each t-chart or relationship. . You may use a calculator. ⚫ You can try the quiz twice. D Question 1 07 © 20 32 24 Sum 28 4 ? No new data to save. Last checked at 10:58am Next - 1 pts Submit Quiz
X Final Exam x+ /courses/1545/assignments/49478?module_item_id=111472 Due: Sat Jan 11, 2025 11:59pm Attempt 1 Unlimited Attempts Allowed In Progress NEXT UP: Submit Assignment 时☆ 3的 Add Commer ✓ Details If you were starting a business, what would you like to do? Please briefly explain each of the below. 1. An overview of your business idea (one or two sentences). 2. A description of your product and/or service. What problems are you solving for your target customers? 3. Your goals for the business. Where do you expect the business to be in one year, three years, five years? 4. Your proposed target market. Who are your ideal customers? 5. Your competition and what differentiates your business. Who are you up against, and what unique selling proposition will help you succeed? 6. Your management team and their prior experience. What do they bring to the table that will give your business a competitive edge? 7. Financial outlook for the business. If you're using the business plan for…
Search entries or author... All < ↓ Sort View Split Screen Expand Threads You must post before seeing replies. Edit history will be available to instructors. No Due Date 10 points possibl 25 Replies, 25 Unread Week 9 Discussion: Intercultural Communication Write a 200 - 300 word discussion post based on the prompt below. Reply to at least one other student in 50 - 100 words. Describe a time in which cultural norms and expectations and prevented clear communication. What have you learned from the experience? How can we be more accepting and inclusive of other cultures? Reply Previous Q Search hp Nex 8:32 1/7/2
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Principles Of Marketing
Marketing
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Pearson Higher Education,
Text book image
Marketing
Marketing
ISBN:9781259924040
Author:Roger A. Kerin, Steven W. Hartley
Publisher:McGraw-Hill Education
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Marketing: An Introduction (13th Edition)
Marketing
ISBN:9780134149530
Author:Gary Armstrong, Philip Kotler
Publisher:PEARSON
Text book image
MKTG 12:STUDENT ED.-TEXT
Marketing
ISBN:9781337407595
Author:Lamb
Publisher:Cengage
Text book image
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning