Answer week 8 Essay Example | Topics and Well Written Essays - 500 words

Answer week 8 - Essay Example Before any business, considers investing in any form of corporate social responsibility, it must remember that the main responsibility is to represent the business stakeholders. So long as an organization behaves responsibly, generating a profit, creating employment, supporting the health of the economy, and increasing wealth are the most responsible things that an organization can do. Remaining focused will ensure that CSR efforts are not taken as manipulative. 2. It is true that the main objective of any business organization is to remain profitable, but to do may require investment in CSR, which may also increase the organization’s operational costs. The actions of an organization, affect the perceptions and behaviors of its clients and community around it (Pava 2008). It also affects it own health and that of the environment around it. An organization needs to consider the implications of its actions on its business and reputation. Before investing in a CSR program, businesses need to determine if it will conflict with the objectives of the organization, and if so such an initiative should be stopped. A healthy organization that meets its objectives is more beneficial to the society than an organization that engages in CSR but is not performing well. The best way that an organization can do good to the community is by performing well. 3. Kramer and Porter have approached the issue of CSR in a realistic manner. Some companies that have invested heavily in CSR have failed to meet their strategic objectives because they initiate such projects without considering the company’s strategy. Some of the most significant material that has been left in the module material is the failure of organizations to view their efforts at CSR from the perspective that they view their core business strategy (Tanget et al 2012). With such a strategy, organizations will realize that CSR is more than an expense or limitation but a source of competitiveness, growth, and