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The benefits of pursuing a strategy of social responsibility and corporate citizenship include the positive impact that such a strategy has on the company's image rating, provided the company spends a meaningful amount on socially responsible.
Corporate citizenship refers to a company's responsibilities toward society. The goal is to produce higher standards of living and quality of life for the communities that surround them and still maintain profitability for stakeholders.
The purpose of corporate social responsibility is to give back to the community, take part in philanthropic causes, and provide positive social value. Corporate citizenship occurs in five defined stages. The crucial stages are; Elementary, Engaged, Innovative, Integrated, and Transforming.
Working for the community, such as volunteering, giving blood donations, and working at a food bank or animal shelter. Supporting issues that affect society, such as advocating political or social issues that can help for example advocating for child labor laws.
Learn more about social responsibility click on the below link
https://brainly.com/question/13528806
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