allows a company to standout in the marketplace based on CSR strategies and commitments

Question

Quizplus · Accepted Answer

Differentiation is the key benefit that a company can gain by implementing and communicating CSR strategies and commitments effectively. By doing so, a company can differentiate itself from its competitors and gain a competitive advantage while standing out in the crowded marketplace. This can help the company attract and retain customers who share the same values, which can lead to a higher market share and revenue in the long run.

Allows a Company to Standout in the Marketplace Based on CSR