Pros and Cons for the Corporate Social Responsibility Policy: Example of CISCO Systems

Abstract

For quite some time people, companies and international organizations began to talk about the concept of sustainable development. Today, there are real examples of the company’s implementation of social responsibility. In our time, the ignoring of such concepts by firm executives jeopardizes moral, human, even criminal aspects, and also stimulates a drop in production and sometimes brings the firm to the bankruptcy zone, thus condemning its company to a slow extinction. However, it is interesting that not all organizations, including global ones, are thinking about this. What exactly can motivate these corporations to become socially responsible? Are there any real examples of companies that are interested not only in obtaining a positive economic profit? The study of these issues is one of the main objectives. But not everyone agrees with this statement. Some academics and scientists believe that this is contrary to the activities of any commercial company. As the discussion is under way, the relevance and timeliness of the topic can not be overemphasized.