Question

Describe why social responsibility and policy are key issues in strategic management and how you will...

Describe why social responsibility and policy are key issues in strategic management and how you will integrate them in your recommendations for your CLC group’s company. (Southwest Airlines)

Homework Answers

Answer #1

Social accountability and strategy are the main topics of business planning for the following reasons:

  • It helps to create a positive company reputation of society.
  • It helps to separate a organization from its rivals.
  • It helps to establish a stable relationship with consumers and suppliers.

CSR may be incorporated into the company by following steps:

  • Working under a corporate ethics culture strategy and policies.
  • By compliance with regulatory laws, requirements and expectations.
  • By aligning market priorities with customer, manufacturer, public and othet stakeholders 'priorities.
  • With improved public relations By meeting the needs of the stakeholders

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