Maharashtra State BoardSSC (English Medium) 8th Standard
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Answer the Following Question in Three to Four Lines. Give Your Opinion in Short on the Usefulness of Corporate Social Responsibility. - Geography

Short Note

Answer the following question in three to four lines. 

Give your opinion in short on the usefulness of Corporate Social Responsibility. 

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Solution

A corporation’s community figure is at the mercy of its social responsibility programs and how conscious consumers are of this program. Corporations can develop their public image by supporting nonprofits through financial donations, volunteerism, in-kind contributions of products and services, and strong partnerships.

When companies contribute money to nonprofit organizations and promote their employees to volunteer their time, they reveal to investors that they don’t just care about profits. And they attract many foreign investments to the company.

Apart from benefitting the company, it also helps in improving the conditions of the needy.

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APPEARS IN

Balbharati Geography 8th Standard Maharashtra State Board
Chapter 8 Industries
Exercise | Q 3 | Page 59
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