Week 4 response papers Essay Example | Topics and Well Written Essays - 500 words

Week 4 response papers - Essay Example The disadvantage with such an approach is that businesses relax their CSR actions when they are not economically rewarding. This means that organisations no longer derive their motivation for CSR mainly from their negative environmental effects and need to protect the environment, but the need to have a good image and make profit. The avoidance of CSR may not be detrimental to the organisation but its effect cannot be ignored in a society where customers are becoming more cautious about environmental issues. Over the recent years, CSR has afforded organisations some social power and ignoring this because of economic or other reasons is bound lead to a gradual reduction of social power. Davis’s statement therefore holds some truth. As mentioned, businesses know the effects of their actions on the environment. In this case, they have an obligation to focus on environmental change whether voters and politicians are not pushing agendas that focus on environmental change. In opposition to Hussein’s (1999) statement that adopting such a position can be harmful to the organisation, CSR has turned into one of the biggest source of competitive advantage for businesses. Multinationals have also tapped into it as a risk management model. In addition, many governments respond positively to such actions by recognising and rewarding organisations which undertake good CSR activities in efforts to protect the environment. This has increased awareness of such organisations, their products and consequently, they have experienced a positive return on their sales (Bhattacharya et al, 2011). Customer/voter purchases are now influenced by CSR to the benefit of organisations that have good CSR reputations. Since the 1950s, many organisations have formulated their own CSR policies. However, if the decision to become responsible was totally left at their disposal, many would choose not to because CSR activities