Is there any disadvantage of CSR to the businesses? - ProProfs Discuss
Topics
Products
Follow Us:

Is there any disadvantage of CSR to the businesses?

Is there any disadvantage of CSR to the businesses?

Change Image    Delete

Asked by T. Wikati, Last updated: Jan 17, 2020

+ Answer
Request

1 Answer

W. Mocroft

Love to do some charity work. Have a passion for writing and do it in my spare time

W. Mocroft, Philanthropist, Master Degree in International Business, Las Vegas

Answered Jan 08, 2019

Just as anything else, there are always pros and cons to CSR. CSR means Corporate Social Responsibility which outlines some important duties of companies to promote safe work spaces, acceptance of all humans and their individual needs, and even requires companies to keep renovating ideas and policies which decrease the environmental strains of the company.

One disadvantage of CSR is that it can be quite costly for smaller businesses. CSR is not something you can do one time and then have it be enough. CSR efforts take extra staff devoted to CSR and often requires comapnies to change big policies which involve lawyers and many other expenses.

Another disadvantage is that you could recieve negative feedback if customers do not think you are doing the right things.

 

Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer

Email Sent
We have sent an email to your address "" with instructions to reset your password.