Question

In: Operations Management

What role does "corporate social responsibility" have to do with international business?

What role does "corporate social responsibility" have to do with international business?

Solutions

Expert Solution

Corporate Social Responsibility

Corporate social responsibility is a term in which the organization undergoes those activities and programs which are beneficial for the society and they can help in building and a healthy and organized society. Which directly affects the customers and employees with which they are dealing in order to run their business for a longer period of time.

Now let us discuss the role of corporate social responsibility in international business.

  • In order to increase and expand the business operations, the organization need to require more customers in the international business and for that, they need to win the interest of the customers and make them believe that they can give them full support in improving their lives through products and services. It truly helps them increase their business.
  • Employees are the most valuable and important asset for any organization and when the organization expand their operations in the international market they also need professional minds of that particular market and with the help of making their lives smooth and easy with simple helps like life and health insurance for them and their family will totally push them to work hard and best for their organizations and they will share and contribute with their valuable information.

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corporate social responsibility
corporate social responsibility
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