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Essay / Corporate Social Responsibility - 665
Corporate Social Responsibility (CSR) has transformed over the years into a fundamental element of any affiliation or association due to the impact it has on society or community. There is no acceptable definition of corporate social responsibility; therefore, there is no certain explanation or definition of corporate social responsibility. Additionally, corporate social responsibility (CSR) can also be suggested as “corporate citizenship”, “corporate governance” which can be defined as the obligation of the association towards ethics, environment and the law of the land for the welfare of society. I will separate the words corporate social responsibility and define them individually to give a clear meaning. Business can be defined as a group of people or individuals sharing the same interest who work together in a for-profit or non-profit organization or association. in this term can be defined as human behavior that takes into account the interest of others and society, that is, doing things that you would like others to do to you and this is practical because the expression social comes from the Latin word "socius" meaning "friend." Responsibility can be defined as a commitment or obligation of an individual or group of people regarding a task; it is what they are expected or required to do. do as part of the organization, community or society According to Baker (2004) defined “Corporate social responsibility refers to the way in which companies manage their business processes to produce an overall positive impact on society”. Furthermore, Holme and Watts in Baker (2014) defined “corporate social responsibility as the continued commitment of businesses to behave ethically and contribute to economic development while improving society. CSR in the company is that it brings regulation and also allows customers to benefit from their money invested in this business. In the case of Apple Inc., after Cook took over, the CEO understood the need to satisfy the customers as well as the company and that is why he engaged the company in CSR activities and currently Apple Inc. is involved in charitable works. Corporate social responsibility causes a lot of competition between different companies and generates a lot of debate, but despite this argument, it is important that an organization or association gets involved in CSR, because it increases customer relations, resources human, costs. safeguard the trust, dignity and respect of the organization. Nevertheless, CSR has transformed companies into pioneers of social innovation..