How does corporate social responsibility impact a company's reputation?
Corporate social responsibility (CSR) can significantly enhance a company's reputation by demonstrating commitment to ethical practices.
Can you give me examples of companies with strong CSR initiatives?
Sure! Companies like Patagonia, Ben & Jerry's, and TOMS are known for their strong CSR initiatives that positively impact their reputation.
What are the risks of not engaging in CSR?
Not engaging in CSR can lead to negative public perception, loss of customer trust, and potential boycotts.
How can a company effectively implement CSR strategies?
A company can implement effective CSR strategies by aligning them with its core values, engaging stakeholders, and measuring impact.
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