With the ford crisis of 1979, why should ford incorporate a corporate social responsibility plan?

Question

Question

business finance

Answer 1

Answer #1

Necessity of CSR plan for ford:

It is necessary for ford to have a CSR plan for the following reasons:

CSR is essential in order to promote human rights which is the main goal of US.
by taking CSR responsibilities, the employees get confidence that the company fighting for the rights & benefits of the public would protect their interests as well.
Being a motor company, it is necessary for ford to protect the environment by preventing unnecessary gas emissions.
It also has the responsibility to focus on providing affordable, reliable & quality vehicles.
It is also necessary for ford to ensure that they show the same response & responsibility standard to everyone.

Answer 2

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