Corporate Social Responsibility towards Suppliers and Creditors
When companies uphold corporate social responsibility (CSR), they are accountable to various internal and external stakeholders. Internal stakeholders may include the shareholders, employees, and management while external stakeholders are the consumers or the buying public, suppliers, creditors, competitors, and the local community or the society at large. Let us focus on how companies practice social responsibility towards its supplier and creditors since these players in the business aspect project important roles to the businesses. Who are the Suppliers and Creditors? It is uncommon to consider suppliers and creditors to be…
Read More