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Cite at least five (5) benefits of social responsibility in the small business enterprise and explain why CSR is important in business operation.​

Sagot :

Answer:

The potential benefits of CSR to companies include:

  • better brand recognition
  • positive business reputation
  • increased sales and customer loyalty
  • operational costs savings
  • better financial performance
  • greater ability to attract talent and retain staff
  • organisational growth
  • easier access to capital