With reference to your own research, do you think that the ability of Assignment

With reference to your own research, do you think that the ability of a business to act successfully in a social responsibility manner is mainly determined by the products it produces - Assignment Example Introduction Corporate Social Responsibility or CSR for short is the ability of a business to manifest its truest basis to the public time and again. This means that its aim is to be truthful to all and sundry to create a positive mindset and image about the different product and service offerings under its organizational aegis. This paper will highlight the potential benefits of CSR which is in relation to the cost for businesses and stakeholders. It will also highlight how the CSR becomes a significant entity in relation to several other objectives of the organization. Then there will be some influences which determine the kind of responsibilities that are accepted by a business enterprise and the ones which are not while also highlighting some of the factors which discern the extent to which a business can be deemed as socially responsible. The value and the dire limitations towards businesses and stakeholders in the realms of social reporting will be discussed as will be the exte nt to which governments have a role in influencing the CSR. ... Hence in conjunction with what the businesses and stakeholders think and act, it is pertinent that the premise of CSR is given importance. How this happens is a difficult process though. These businesses and stakeholders need to find a way through which they can reach the minds of their consumers so that they can eventually bring about a sale or make use of their services. The bottom line however is an intention to bring about a sale. Even though this might not be said, the role of CSR is to build a positive word of mouth for the business regimes which will eventually set about a pragmatic feel for all and sundry related with the business. The stakeholders might find it difficult to understand the message that CSR is trying to send their way but in entirety it is being conveyed in one form or the other. Hence in relation to businesses and stakeholders, the role of CSR is of paramount significance because it communicates a message like none other. The need is to realize how CSR is wor king to its full capacity and allow it to propagate a message which is for the overall betterment of the organization, a case in point being Nike where CSR is always seen imperatively. Similarly, CSR for the sake of Apple helps it to establish its basis within markets where Nokia and Samsung are in common use as far as mobile phones are related. The question that remains here is whether or not both Nike and Apple are doing all that they can to bring about something further in the name of CSR than merely producing goods and products (Petersen, 2012). Importance of CSR Relative to Other Corporate Objectives Since corporate objectives of every business are different, the role of CSR also takes a