Corporate social responsibility is where organizations take responsibility and take interest in the society, from there actions on customers, employees, employers, communities and the environment. CRS allows more competition in businesses around the world. An examle is the Cadbury Schweppes CSR. "Cadbury Schweppes is committed to growing responsibly. We believe responsible business comes from listening and learning, and having in place a clear CSR vision and strategy. It also comes from having the processes and systems to follow through and an embedded commitment to living our values."

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BELOW By Chris Anderson

DEFINITION- is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers, suppliers, employees, shareholders, communities and other stakeholders, as well as the environment. So in a nutshell, corporations put people before profit.

EXAMPLE- A British construction company, Adonis, buys local materials to stimulate economic growth in the community, and only hire local workers for the same reason. This is an example of a company voluntarily taking interests in society.

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SOURCES- http://en.wikipedia.org/wiki/Corporate_social_responsibility
http://www.adonisconstruction.co.uk/corporate-social-responsibility.aspx