Corporate Social Responsibility (CSR) refers to operating a business in a way that accounts for the social and environmental impact created by the business. [1] In Welchs era, GE fulfilled its responsibilities to society by serving customers worldwide and bear upon the economy. His popularity was share with opposing views. There were those who despised him because of the jobs lost and those who shared his reverie because they became rich off of it. There are numerous aspects in the way he restructured the company that would play to the social responsibility tactics. Welch has gone on record as expression that he believes the time has passed when making a profit and paying taxes was all that a company had to worry about. [2] He stood by his vision and in turn made General Electric a very successful... If you want to get a full essay, order it on our website: Ordercustompaper.com
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