When a business is considering how to implement a CSR plan,why is it important to make a distinction between addressing problems that are precipitated by a crisis and problems that are chronic?

Question

Quizplus · Accepted Answer

Properly addressing chronic problems often requires a long-term strategy, capacity building, and systemic changes, while addressing crisis problems typically involves more immediate and reactive responses. Therefore, it is important for businesses to distinguish between the two and develop different approaches for each. Option B and E are incorrect because collecting and donating goods or volunteering time may not always be the most appropriate or effective way to address chronic or crisis problems. Option D is partially correct, but it oversimplifies the strategic planning process for addressing chronic problems.

When a Business Is Considering How to Implement a CSR