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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1027 |
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The need for business to become socially responsible arises due to the following factors:
- Public expectation: If the business does not meet the public expectation in terms of their social obligations, the public may deny the product or services of the business. Business can improve its public image by being socially responsible...
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Business can improve its public image by being socially responsible.
- Ethics: It is the moral responsibility of business to remove the ill effects of the work done by them. It is their work to bear civic duty and responsibility.
- Globalization: Global competition places particular pressure on multinational corporations to examine not only their own labor practices, but those of their entire supply chain, from a CSR perspective...
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