What is the role of social responsibility in marketing?
Social responsibility in marketing involves promoting ethical practices and contributing positively to society while engaging consumers.
Can you give examples of companies that practice this?
Sure! Companies like Patagonia and Ben & Jerry's are known for their commitment to social causes and sustainability.
How does this impact consumer behavior?
Consumers are increasingly favoring brands that align with their values, leading to loyalty and positive brand perception.
What are some challenges companies face in implementing this?
Challenges include balancing profit with ethical practices, potential backlash from consumers, and ensuring authenticity in their efforts.
How can small businesses incorporate social responsibility?
Small businesses can start by supporting local causes, being transparent about their practices, and engaging with their community.
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