Corporate social responsibility

Student sympathy

The definition of corporate social responsibility is concerned with giving back to the community that the business is based in (Utting 2005). According to Ireland (2007) Corporate social responsibility can be defined as the relationship between a company and its local community.Kotler & Lee,(2005) argued that CSR is the determination of helping people in need individually or as a corporation. It can also be defined as the voluntary interaction between stakeholders and their business operations involving social and environmental concerns.(Vogel 2005).

As csr is about sympathy, it should be done according to the regulations of the country. In this case .Individuals has developed strategies for dealing with societal needs. This should be done with respect to how deeply and how well an individual is in need (Utting 2005).Utting continues that csr can be done by individuals from their home by donating whatever they have to the needy. Lopez, Garcia and Rodriguez(2007) pointed out that much effort should be focused on csr in an attempt to demonstrate positive sense of sharing and giving. Lopez, Garcia and Rodriguez continue by saying that csr can be done through donations such as clothing, shelter food money of any needs that an individual is in need of.