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In: Economics

Guidance: There are 3 specific and separate questions in this assignment. List the question first and...

Guidance: There are 3 specific and separate questions in this assignment. List the question first and then answer each question (copy and paste). The next question, list the question and then answer it. This is the correct format to answer the below questions. Co-mingling your discussions is incorrect in completing the assignment. Assignment not following the guidance; points can be deducted for not following the guidance. Corporate Social Responsibility Is your selected company a Socially Responsible Corporate Citizen? If so what are they doing? If not, what do you recommend they do? Your answer goes here Does your new product/service idea provide them with an opportunity to tie into a Socially Responsible cause? How so? Your answer goes here List and describe at least two successful companies who are Socially Responsible Corporate Citizens. Your answer goes here Requirements: 2 - 3 page

Note, Anthem, Inc. is the chosen company for this assignment.

Solutions

Expert Solution

Answer :-

Corporate Social Responsibility

Corporate Social Responsibility is an administration idea whereby organizations coordinate social and natural worries in their business activities and connections with their partners.

Corporate obligation (CR) is worried about the maintainability of an association over the long haul. At its center, corporate obligation tries to increase the value of an association's exercises by guaranteeing they positively affect society, the earth and the economy.

Types of Corporate Social Responsibility

  • Philanthropy
  • Volunteering
  • Environmental efforts
  • Ethical labor practices

Social obligation implies that people and organizations have an obligation to act to the greatest advantage of their condition and society overall. Social duty, as it applies to business, is known as corporate social obligation (CSR)

Here we need to discuss two successful companies who are Socially Responsible Corporate Citizens

Corporate social obligation enables work to trust, bring issues to light, and empower social change.

  • TOMS
  • Wells Fargo
  • Starbucks
  • Bosch

Thank you


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