Coporate Social Responsibility & Sustainability | International Business | From A Business Professor
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- Опубликовано: 5 сен 2024
- In 2019, the U.S. Business Roundtable redefined the purpose of corporations away from maximizing shareholder value to “promoting an economy that serves all stakeholders which include customers, employees, suppliers, communities and shareholders”. This change signalized Corporate Social Responsibility and sustainability are no longer just progressive perspectives on how to run a business, but the central and powerful business tenets. So what exactly are the Corporate Social Responsibility and sustainability. Why more and more firms, including both big and small ones, start to practice Social Responsibility and sustainability? In this video, I will discuss these questions with you.
Both corporate social responsibility and sustainability play major roles in the business world. These things are not just ethical considerations, but musts when it comes to central business strategy. The examples of LEGO, Johnson & Johnson, Starbucks, Google, and Pfizer serve as great illustrations of how companies are implementing these principles in real-world scenarios. This video is great for learning how to have success in your business!
Corporate Social Responsibility and Sustainability is something I find interesting and important to our society. In a project I did about Chick Fil A, I had to research their CSR, and they are a company that goes above and beyond. From my research, Chick Fil A’s employees are satisfied, their public image is wonderful, their customers are quite loyal, and the employees see the good Chick Fil A is doing in its communities through feeding the homeless, giving jobs to those in need, and giving scholarships to help employees reach the goals they want to reach, to name a few. I found this video very informative and it helped me to better understand Chick Fil A’s CSR and to know what CSR and Sustainability should look like.
Corporate social responsibility is extremely important to me and it affects my purchasing decisions. This video puts into perspective for me as a business student how important CSR is becoming to the world around me and how it will affect my career and potential businesses. It is extremely important to teach our generation about this because we all will be deeply affected economically and socially by sustainability. Thank you for presenting such an important topic.
Corporate Social Responsibility is a major factor these days. Social media is a big form of information carrier and can either make or break a company especially if it's a small business. The way you treat employees and customers can effect business tremendously. Recently, I had a small business in my hometown get broken into and they took all of their money to which people made it a point to go help the business out by spending their money at this establishment because of how great the owner treated its employees and customers.
Corporate Social Responsibility is a major factor in determining if a company will be successful. Without CSR, a company will have a negative impact on society and probably will not make it very far as a company. A company that works to improve its CSR is striving to improve itself as a company and benefit all of its stakeholders and society. This video has given me a better understanding of CSR and has given me good insight as to how a company should operate, and how it should treat its employees and other stakeholders.
I appreciate the accountability this movement that the firms are now participating in. I do believe that when a company is good to its community, the employees benefit the most.
About a year ago I worked as a Swim coach for a competitive swim team and although I enjoyed it I wish I had the opportunity for my employer to watch this video. I went from being screamed at everyday for how bad of a job I was doing to then quitting and then lifeguarding. Now my employer encourages us and will have weekly meetings over how we're doing as her employers. She'll listen to us and hear what things we may need to improve on so that our customers can have an enjoyable experience. This video helps me dive into my other past and current jobs and recognize how important CSR truly is.
As a business student I very much appreciated this video because I eventually do want to get into the corporate world, therefore I found the topic of CSR very insightful. I believe it is very important for college students to be educated on this topic...just because of how prevalent it will be for our careers in the near future. I also think our generation could use a reminder like this every now and then, over what will be expected from us in the corporate world/knowing what corporate social responsibility is. Great video overall!
We are seeing a large shift in companies identifying and pursing their corporate social responsibility. Yes, making profits is important, but the overall success of a business cannot rely solely on that. Practicing CSR benefits both stakeholders and shareholders. It also helps with the reputation of the business. I could also connect this to my Ethics class as we recently learned about the Stakeholder Theory.
Corporate social responsibility is huge and I like that this video emphasizes that fact. Not only are you gaining awareness for your brand, but you also have the opportunity to do a real service to the community if you are doing in more than just for show.
I'm really glad we had a video lecture that touched on this subject. Over the past decade or two, we've seen how corporations not being held responsible can truly impact the environment and social standing of an economy. It is critical that companies are aware of their carbon footprint and how much their company leaves a dent in the crisis of climate change.
Our responsibility has always been the earth. One way to benefit customers, employees, and shareholders alike is to perform responsibly toward our environment. Who cares who has more money if none of us can breathe as a result.
I think its great that so many companies are becoming more socially and environmentally responsible. I do wonder as to how much of this change comes from true interest in helping employees and the environment and how much is in the interest of increasing profits. As a company cleans up its "image" by "going green," you can only assume that increased profits will follow. I know that if given the choice I will choose a "green" product or company over one that does nothing for their employees or environment. One example is the HONEST company, whose all natural products are almost double what you will find in a store but because its an all natural, "green" company many people gladly pay the extra price to feel like they are helping the environment
I find this video interesting because it is easy to remember examples of how businesses promote corporate social responsibility and sustainability. The grocery store, Brookshires, gives a discount on your groceries for every fabric, reusable grocery bag you bring to bag your groceries. Target’s brand, Greenroom, is known for its paper-friendly, recycled products. For this reason, Target is able to charge more for their products.
In todays world this is an important video to remind us of the responsibiltys corporations hold.
I think it is interesting that more companies are becoming more corporately responsible. I think as social media has grown and the internet has grown consumers have been able to monitor what companies do and thus has made companies need to be more responsible for their actions.
Corporate Social Responsibility does not sound like a big deal until you delve into the heart of the matter. It is ensuring that the next generations are taken care of and safe. Without this companies would be free to; pollute the air as much as they wanted, pollute the drinking water that we all drink, use more labor than they could afford (which could create questionable labor practices), and much more. These responsibility rules are pertinent for businesses to consider before making any big decisions.
Part of the reason that this video is in my top 5 videos is because of the importance it brings to businesses/companies. The image that companies have in CSR and Sustainability really affects people's opinion of the company. I think sustainability is arguably one of the most important things for all companies. Because it has a lasting effect on the world, that may last even longer than the company itself. I'm hoping more companies are able to implement effectively both CSR and sustainability.
Nice explanation of social responsibility. This is a part of the business world that is becoming more and more important in the eyes of consumers. Companies that do not engage in these sustainable behaviors are in danger of losing the support of their customers.
This video helped me understand how a company's social responsibility and sustainability is very important for their overall success. It is important for their image, plus it increases employee satisfaction and customer loyalty.
I find it interesting that corporate social responsibility & sustainability is no longer optional. However, it makes sense when seeing the benefits that it has within a company. Another point I think is important as to why companies have to partake in both corporate social responsibility and sustainability is that customers are becoming more aware. With technology, customers have more information and thus are becoming more aware of the decisions that they are making. They are likely not going to support a company that does not involve themselves in corporate social responsibility & sustainability.
This video really highlights how important it is to realize what companies practice CSR and what it is essentially. As a consumer, you should be paying attention to what companies practice it and use that to influence your purchasing decisions. As a future businessperson, you should understand what it is and how to ensure you do your part in implementing the practice. From watching this video, I have a better understanding of the concept of CSR and it has changed my perspective on some companies already.
I like how this video highlights the value of corporate responsibility. I believe it’s helpful for companies to know how to create revenue while maintaining a clean public image. The four major benefits show how you can keep that image clean by taking care of its employees and customers.
I've taken multiple ethics courses but it has been a while since I've brushed up on CSR and sustainability. I enjoyed a reminder of their importance in business, but I wish CSV (creating shared value) would have been touched upon as well. While CSR explains that businesses should somewhere have philanthropy to organizations that promote sustainability or having small contributions that make consumers trust them, CSV is about having good moral practices and sustainability being the center of the business, and in that way, businesses will end up maximizing trust and profit.
This video provides a clear and insightful overview of Corporate Social Responsibility (CSR) and sustainability, highlighting their growing importance in today's business landscape. The breakdown of the benefits, including increased employee satisfaction, improved public image, and customer loyalty, adds depth to the discussion
As someone who works on a sustainability team, I can vouch for the increase in employee moral that I have seen within the company I work for. A large amount of employees enjoy being able to recycle plastic, or help save water usage. Plus, as the world continues to move in its current direction of being proactive stewards, I can only see this aspect of business being more important. Good video.
Corporate Social Responsibility is essential for the company’s overall success. In the video, you said, “How a company treats its community says a lot about how it treats its employees.” I believe that is true. If you have happy employees, they are willing to do their best and do an excellent job for the company's benefit. It will improve the company’s public image and increase customer loyalty. This video has given me a better understanding of CSR.
I think CSR is really important today. Having a good reputation goes a lot farther than just making good profits. It benefits the business in many different ways, as talked about in the video and can lead to overall success. This video gave a great overview of what CSR is and how it and sustainability can help a business.
I believe a big benefit of practicing corporate social responsibility is setting an example for members of the organization. Not to oversimplify humanity, but people are not totally unlike birds following a flock back and forth across the sky. Both good and bad behavior are contagious. People decide what they're okay with doing based on what they see others doing around them. Practicing corporate social responsibility will spread through the organization and create a strong culture.
The requirement for companies to prioritize corporate social responsibility and sustainability is important in ensuring that ethical practices are taking place and may continue to for the indefinite future. It not only benefits the company, but also its employees and consumers of its products or services alike. It also helps to preserve the environment and prevent pollution and unnecessary damages.
We only have one planet so it is important that we take care of it. I am so glad that companies are working on CSR and sustainability and finding ways to help the environment as well as making life better for their employees. This subject is one of my favorite things to learn about and explore and this video really helps define it and show how important it is.
This video about CSR really helped outline how important businesses are taking corporate social responsibility. In the past communities we’re not held liable for what harm their businesses caused to the environment or community. Profitability was their only concern in the past but recently there has been a huge push on CSR and maintains employees and the community happy.
I think Corporate social responsibility has a major role in the success of companies. It builds a morale around the company that is looked at very closely now-a-days. I think it a good step forward to see what companies are doing and how they are advancing to provide the social responsibility and sustain it. This video did a really great job with explaining the importance of it, and what companies are doing specifically for it.
Many firms are moving into a focus around CSR. This video helped explain not only the perception that it leaves among consumers, but also employees. All these affect the bottom line profitability. This video explains why firms are moving towards this and the benefits of the transition.
I always enjoy learning about and discussing Corporate Social Responsibility. An example of CSR is EY developing and implementing programs that aid the local communities.
My current employers has a Corporate Social Responsibility Audit it conducts every year. They interview our employees to gauge their satisfaction and engagement plus review our policies and how we apply them. Thank you for explaining to me why my company does this audit every year and helping me understand how we can improve to become a better company.
In India, Ambuja cemet maps it water action to clean water and sanitation . The company constructs water harvesting structure in kodinar, Gujarat which is a drought-prone area with a major issue of water salinity. The water-harvesting and groundwater recharging structures were set up to improve water availability to farmers in the area.
I agree that millennials are one of the driving forces in today's business. When it comes to that, any organization should have Corporate Social Responsibility before doing any that can significantly affect the world around us. This video is very well detailed and explains the social responsibility needed around today's world.
I really like how this video emphasizes the importance of corporate responsibility. It's very important for business to not only know how to function and make profit but also to maintain a good public image. It's nice to see how increasingly important sustainability and preserving the environment is becoming to business worldwide. Environmentalism is extremely important and large corporations are mostly responsible for the destruction of nature, so CSR is saving our world and making it livable for future generations.
What I like about this video is the topic and how well the message is communicated, CSR. Starting with increased employee satisfaction and how that plays such a huge role in morale. I’ve had co-workers that have been so incredibly difficult to work with, in large part from their frustration with leadership. I saw firsthand how that flowed to communications with customers and damaged the company image. Fortunately, it was not long before staffing changes were made and morale improved drastically.
There's been a real push on CSR. Businesses want the most bang for their buck and do not want to jeopardize profits. They take social responsibilities very serious and try to ensure that all aspects or the organizations practice ethical behavior toward everyone they interact with. This video was a nice reminder.
Consumers are becoming more and more aware of how businesses are affecting issues like global warming and unethical disposal of waste. It is so important to discuss how businesspeople can make changes to improve the sustainability of commonplace business practices.
This video gave me more of an understanding of company's actions towards their public image and their social responsibility. The brand image nowadays is one of the most essential things companies has to develop and nurture. Companies tend to develop their brand image by using economic friendly materials, donating, advertising, and marketing. With all of these things, the company still needs to develop good and comfortable work environment for their employees to keep the business running as best as possible.
Corporate social responsibility is so important in keeping firms responsible with how they conduct business. it helps gives some businesses guidelines of what their role is when it comes to business ethics towards consumers, employees, sustaining the environment while also keeping stakeholders happy..
I really enjoyed learning about this topic and I feel like all business majors should view this video, especially if they are planning to start a business. Corporate Social Responsibility has a huge role in the success of a business and customers will be more willing to be loyal to a brand that has ethical values.
Corporate social responsibility is becoming a bigger factor day by day and learning about the companies new initiatives was very interesting to me. I didn't realize all of the positive factors such as increased productivity and such was direct result to companies making more of a conscious effort to implement these strategies. It was also helpful to see examples of how major corporations were making changes to the way they operate to be more sustainable in today's world. People don't realize that its the little things that make the biggest differences and this video showed that perfectly.
I have heard many stigmas surrounding the corporate industry and have formed a brief opinion on it. However, after having watched this lecture my opinions have changed. Companies have finally started to take action in creating a better work environment for its employees and using something similar to an incentive system. For example, I had no idea Starbucks began to hire more veterans to help those who have served the country. A lot of veterans end up displaced, so it's nice to see that they are being recognized in a more positive light. This video was both informative and straight to the point!
I think for a long time companies were only focused on making a profit and not as much on how their company impacted those around them. With increasing knowledge of consumers we now see businesses putting more of a reliance on social responsibility and sustainability. I've also started to see more people holding corporations responsible for the impact they have on the environment. In the video it talks about how younger generations are focusing on supporting corporations that have better suitability measures put in place and I definitely see that with myself and my friends as well.
In a world like ours that is more connected than ever. This connectivity has put businesses under a closer microscope than ever. If a company has a fault it is spread all over social media which then hurts the company even more. The same thing is said when businesses practice this social responsibility. People see it more than ever and are more willing to purchase their product due to this responsibility.
The video was extremely fantastic! Businesses now realize how important it is to their customers to give back to the community and other groups. They also know that by giving back to their customers in any way they can, they may improve their brand's reputation, increase sales, and improve their image. Charity can help companies that encourage win-win situations. And finally, businesses and the general public have more regard for organizations that support sustainable and renewable resources.
The video was truly outstanding! It highlighted the growing awareness among businesses about the significance of giving back to the community and other groups. Recognizing that such efforts can enhance their brand's reputation, boost sales, and improve their overall image, businesses now prioritize giving back to their customers. The emphasis on win-win situations through charity is helping companies, and there's a notable shift towards organizations supporting sustainable and renewable resources, earning them respect from both businesses and the general public.
Businesses are learning now how important corporate values such as responsibility and sustainability matter in getting employees to actually enjoy the work and feel valuable to the world. it is great to see businesses actually valuing the importance of things like work-life balance however some places are still keeping traditional values and it will be interesting to see how it turns out with the new generation making a difference.
This video does an amazing job teaching us about sustainability and social responsibility. Companies can now help save the planet and in turn become more appealing for clients and customers.
I found this video intriguing because it applies directly to my future line of work, a corporate attorney. There is several important topics discussed that will be the core focus of my litigation when I am older and I had a great time learning about my future profession.
Corporate Social Responsibility and sustainability is described as a business model put in place to hold companies and businesses accountable for social responsibilities. Companies practice CPR to be able to be knowledgeable in all aspects of society, and the impact they make on it. The different aspects that go along with CSR respond to the community, employee, the public, and involvement with the people or consumers. This responsibility can improve business image, as well as customer loyalty and more.
The corporate world has the social responsibility to run their businesses ethically. They also have the responsibility to produce with as little waste as possible. Consumers should expect this if they have a good set of ethics.
Informative and insightful, thank you.
I really enjoyed this video! Companies have started to notice that their customers care a lot about what the company is doing "off the field" to help out in the community and to different organizations; they realize that their brand gets a boost, not only in sales but also a better image if they can give back to their customers in any way possible. Philanthropy can also give a boost to the companies and can provide win-win situations. Lastly, companies that support renewable and sustainable resources have been found to have a better image, not only in the corporate world but in communities as well.
In today's society CSR and sustainability affect more and more consumers purchasing decisions. I am glad that csr is not just a front for consumers and is now powerful business tenets. CSR and Sustainability is something I have started to look at in the companies I shop with. For example I stopped shopping with shein because of their poor csr practices.
This video did a good job at explaining the importance of corporate social responsibility and sustainability. Even though better profits though CSR is an important part of this section. I believe the most important part is the idea of creating sustainability in the communities these corporations operate and reside in. If they do not work to actively work to sustain the world that we have, then we will have nothing left to pass on to the next generations.
helped me learn what my lectures' 52 slides could not do thank you
good video! Corporate responsibility and sustainability is such an important topic and this video did a great job at capturing how important it is
I had to choose a company I would like to work at in the future for another class, and the company I chose was Etsy. During that research, I learned how Etsy strives to make environmental, social, and economical changes to the world. I think it's important every company strives to be like them, especially bigger corporations like Amazon. Yes, companies should focus on how to make profit, but they also need to put their focus outside the company, such as their customers, employees, and environment. Companies that engage in corporate social responsibility and sustainability will benefit from it in so many ways. Nowadays, people love companies who care about more than just profit. This increases customer loyalty and creates trust among them. This was a very interesting video and explained the topic well.
Another great video. I have really enjoyed watching your videos this semester.
My current job allows me to volunteer for the Kiwanis Club and the Chamber of Commerce during business hours. I can attest that employees appreciate this opportunity to serve the community and get involved. Often, people are unable to connect and serve in this way because they are required to work during hours that they are needed to help in community organizations. I do believe in the wisdom "to whom much is given, much is required" (Luke 12:48). Companies should give back to the communities that allow them to function.
I really enjoyed learning about this topic! I feel like anyone running a company, should watch this video and learn how to truly act within the media, treat employees, and so much more. I also love that “increased creativity” is apart of this topic, because more often than not, companies are seen doing the same thing, which loses interest of some customers, this however is also where sustainability comes into play. Overall such an interesting topic!
While corporate social responsibility is an important concept, I find it interesting how a business school emphasizes things like csr and ethics over things like how to actually run a business or how to excel in the business world. The concept of things like csr shouldn't have to be taught and they should already be on our radar as human beings. We should inherently have the desire to look out for our fellow man who is less fortunate.
The concept of CSR is becoming very popular in today's time. Recently my business ethics class hosted a debate on the topic of ESG which is very similar to CSR. It was really neat to see the correlations between the information presented in this video and the points discussed during the debate. The benefits of increasing employee satisfaction, improving public image, increasing customer loyalty, and increasing creativity seemingly outweigh the costs of implementation from my viewpoint.
This video was insightful on CSR&S. It is a really good topic to follow up on Ethic Issues in International Business as they both cover mostly similar information.
From talking about ethics concerning international businesses, we learn here that as nations developed and progressed, more and more are advocating for corporations to be socially accountable to themselves, their employees, their stakeholders, and the public. Being in line with CSR allowed corporations to flourish in a socially healthy way. This is what will sustain businesses from here on out as many consumers look into what their sellers value and uphold.
Super insightful video. I enjoyed learning about the four major benefits which are increased employee satisfaction, improved public image, increase customer loyalty, and increased creativity.
This video lecture provided me with so much knowledge on a corporation's social responsibility when it comes to the environment, the economies, and the communities surrounding their operations and how they all can be affected by their actions.
I had learned some details about Corporate Social Responsibility before, but this video was a good refresher and helped me better understand what social responsibility and sustainability was all about. The examples of different businesses being socially responsible was helpful. It certainly seems like being socially responsible is good for business, and also good for the world.
I enjoyed this video because it takes away from the former more archaic belief that many people had about large companies. In the past many companies were only trying to make a profit and reduce their costs by any means, but after a lot of legal cases and public and private reflection it led to this. This video does well to show how companies now are taking care of their investors, community, and employees. I liked this video a lot and found it easy to watch and informative, more videos like this would be very nice.
Watching this video is insightful. I am glad companies have an ethical approach to a variety of scenarios. It is important to care for other things that have actual meaning.
I think it is important that as consumers we hold companies to high standards when it comes to CSR. We trust in these companies to have our best interest and they should be doing just that.
This video did an amazing job at explaining exactly CSR and sustainability. After hearing a lot about CSR and knowing a broad definition of it, this helped to understand what it actually entails. I find it great that companies are really focusing on being better for themselves and the public now too.
This video really helped me to understand corporate social responsibility and sustainability better! I did not really know any specific reason for any of this so it was really interesting to see the benefits. The ones that really stood out to me was increased employee satisfaction and increased creativity. For sustainability I would not have thought that Environmental sustainability would be as important as the video makes it sound. I really found it helpful for these topics. It was also really interesting.
I really enjoyed watching this video and learning more about corporate social responsibility and sustainability. I think that these two concepts are important and it was helpful to learn the benefits of these concepts as well. I have discussed corporate social responsibility in other classes but it is always nice to have a refresher! I found the different types of sustainability - economic, environmental, and social - to be interesting.
I already have a pretty good grasp on the concept of Corporate Social Responsibility and the various models that you can gauge this topic with, but it was still nice to watch this and re-enforce what I had already known, and even add a bit more in-depth understanding to it as well. I think it's very good that firms both big and small are taking more steps and adding more focus to being accountable to themselves and others, and I hope that this trend only increases over time until all companies act in this same way.
I have always wondered just how much does public image and today's social media impact a company's sales. This video really helped me learned about not only about public image effect, but what the company on its own should consider doing for sustainability and its environment. It made me more conscious of the companies I choose to interact with. Are they only doing it for public image or is it to truly have an impact on the environment?
this video made me learn things i never knew before!
I really enjoyed watching and learning about corporate social responsibility & sustainability. I especially liked learning about the different levels of sustainability. Economic, environmental, and sociall all need to be sustainable and live within the means because if you don't then the world will not be balanced enough to survive. As for responsibility, I believe that it is everyones responsibility to make sure that all those levels are equal and sustainable at every stage of life.
Social responsibility is starting to make a larger wave in the business world. Even for large companies. Consumers have started requiring this of their brands they use and so companies have responded to this by starting new goals to become more and more socially responsible. This is mostly in the area of how they treat their employees and what their yearly carbon foot print is. Is this a fad? Are most companies making these radical changes for marketing purposes or because they actually care to be more social responsible?
This is a very helpful video in my opinion. I have been hearing about corporate social responsibility a lot ever since I started taking business classes, and this video does a good job of explaining what that means. I think this concept is very important for people who are interested in business to understand.
Great video; they help me better understand what I am studying; I am more a listen-to learner than a reading person. So these videos are great in helping me recall information. You are right millennials are more advanced in what we buy and who we buy from. How businesses use resources and interact with the world are essential factors in shopping at certain companies. Very informative thanks for sharing.
Companies are being viewed less and less as big entities and conglomerates, and more and more as citizens of the community they exist in. They aren't just out to make a profit or please shareholders. They are there to make a difference in the world as well. People are viewing companies as having a responsibility to help the world they profit off of. This could make or break a company in todays interconnected era. If a company has one misstep they risk being blasted all over social media and the internet. This could cost them dearly.
This is a great and informative video. I think that corporate social responsibility is a great thing and I think that it should be more important than just maximizing shareholders wealth. It makes the world a better place for everyone.
Excelent Job!
This is a topic I have been interested in for a while. This video helped further my knowledge. Thank you!
I see companies doing CSR as a potential good thing or it turns into a bad thing if not done properly. The reason why it could turn into a bad thing is if companies try hard to do something they think is good but either makes no sense for them to say or saying the wrong thing at the wrong time. Its like the old saying "know when to fold them and when to walk away." simply put, know when to comment on a specific topic and when it's not your moment.
Informative and Helpful video. I really like how they used a business that is popular to describe the issues of social responsibility.
CSR and Sustainability is always great for business! Thanks for an awesome informational video, this is always good content and is a boost of passion to be more sustainable for a more healthy community and planet.
I think that in the short run, not practicing CSR will benefit you because you're going under everyone's noses and getting away with something unethical. However, in the long run, practicing CSR can create actual relationships and trust so that your customers will want to continue buying from you.
I found this video to be very informative as it related to CSR. After watching the video I couldn't help but wonder how CSR could be manipulated by the current political group in office and the implications to the country. For example, if the current administration is pushing for an aggressive green approach, at what cost would that push come to consumers? I believe we are now beginning to experience higher gas prices due to supply constraints brought on by a greener approach.
You make a great point in here. I believe it is all about the balance between the long term benefit and short term cost.
Enjoyed the video! Corporate Social Responsibility is one of the more important parts of a business. Having this within a company you work for should hopefully boost morale. It was also neat to learn about some of the larger companies and see what their involvement is in helping out the community.
I would say that I really enjoyed watching and learning more about this topic. It is actually not easy for me to focus on topics that are not at the best of my interests like this one but this video has really made it easy for me.
This was a really interesting video. I really like that businesses and companies are more aware of the importance of sustainability and how this can not only be beneficial for future generations and their well-being, but can also bring profits by creating trust among clients, employees, and even investors.
Companies are straying away from the old business model of solely making a profit. As discussed in the video, companies are now redefining their purpose by not only maximizing shareholder value but also looking out for other stakeholders such as customers, employees, and the communities they serve. The video discusses major benefits of corporate social responsibility and sustainability. I like how the video states that millennials are supporting companies who engage in corporate social responsibility and sustainability practices because I certainly see how companies are responding to this demand by advertising their initiatives on commercials like Amazon and H&M.
I thought it was very interesting how CSR has just recently become a central part of companies. My assumption would have been that this would be something a lot of people would be concerned about because if companies had immoral and selfish practices, why would you want to buy their services/products/etc. Personally, I like buying my products and services from places that like to give back as well as run their operations in a moral way. As the video explains, it leads to the overall well-being of the company (employee satisfaction, public image, etc.) and the consumer (customer satisfaction), and it provides sustainability for the company and the community.
Your videos are very helpful! I like the visual effects you include.
How great that many companies are starting to implement the corporate social responsibility and sustainability. It is providing companies an opportunity to raise awareness and make changes for the environment.