Companies have a social responsibility. If they don’t live up to those social responsibilities, they will still lose profits

Companies have a social responsibility. If they don’t live up to those social responsibilities, they will still lose profits

Companies have a social responsibility. If they don’t live up to those social responsibilities, they will still lose profits. Look at the auto industry with the many recalls that is going on. They could’ve avoided some of those just by thoroughly testing the products before selling them. This goes along with mergers and acquisitions, companies must make sure that the interested company is being social responsible. We are now seeing Facebook face scrutiny due to the recent Live videos of suicide and killings. What are some techniques and guidelines companies can establish corporate social responsibility?

*this question requires 100 words*

………………………..Answer preview………………

Corporate social responsibility implies that the organization has ethical, philanthropic and moral responsibilities added to the responsibilities of the company to earn fair profit for the shareholder and to adhere to the basic laws of the country. A traditional look of the organization suggests that it is basic, if not sole responsibilities; the corporation must remain socially responsible to their owners and shareholders………………..

APA

107 words