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In todays world
many consumers aren’t just looking at a companies products and services, but
also if the company is operating responsibly to address issues such as social,
environmental, ethical, and economical matters. According to Richard Watts,
Corporate Social Responsibility is the continuing commitment by businesses to
behave ethically and contribute to economic development while improving the
quality of life of the workforce and their families as well as of the local
community and society at large. By having a CSR not only will the company be
benefiting in the long run, but it will also improve on its overall public
image. Committing time and effort to various causes the company will be
perceived as more a philanthropic company. Investors are going to be more
likely to be attracted to these sorts of companies that demonstrate contributions
to the health and welfare of society and not just the profits of the company. 

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