Question

do you think small businesses and companies are more likely to have less plastic waste than companies that mass produce products? Does the size of a company contribute to the level of corporate social responsibility?

Answer 1

Small companies usually have less waste compared to that of larger industries. Even though the waste management will be more effective in larger companies compared to smaller ones. Large companies will be technologically updated and have adequate fund to develop waste management technologies in the firm. In small companies the level of production will be very low. Thus they have less plastic waste. Thus it can be said that the functioning of smaller companies will affect the environment in a big way.

The factors corporate social responsibilities of firm and the size off the firm have relation to each other. The larger enterprises show more corporate social responsibility. Because large firms will be highly bothered about the public image, reputation o the firm etc. They spend more money for performing social responsibilities. Small firms also focuses on improving labor policies, reducing carbon footprints etc. Corporate social responsibility ids very essential in achieving thee satisfaction of general public. Smaller firms use the available business resources effectively and efficiently whereas the larger firms make additional investment in the area of social responsibility. Large firms need to perform corporate social reasonability towards various interested groups and it requires larger amount of money. They satisfies all these for the long term sustainability of the firm.