Ask Question
30 May, 21:41

One way in which conscious marketing differs from corporate social responsibility (CSR) is that CSR takes a holistic, ecosystem view of business as a complex, adaptive system.

+1
Answers (1)
  1. 31 May, 00:04
    0
    True

    Explanation:

    Conscious Marketing refers to creation of such a product as a bundle of utilities, so high on quality and meeting standards so as the corporate doesn't need to rely on marketing or advertising it's product.

    In such a case, the consumers themselves recommend such products to one another which obviates the cost of massive marketing or advertisement expenditure by a corporate at the same time satisfying consumer wants.

    Corporate Social Responsibility (CSR) on the other hand is a wider concept which focuses upon satisfying stakeholders such as suppliers, consumers, employees and shareholders.

    CSR calls for awareness on the part of a company to be socially responsible in deployment of natural resources, providing amenities such as drinking water, sanitation or taking up an educational initiative.

    CSR recognizes the fact that a business operates in a complex, dynamic environment and it must adapt to changes.

    Thus, CSR takes a holistic, ecosystem view of business as a complex, adaptive system.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “One way in which conscious marketing differs from corporate social responsibility (CSR) is that CSR takes a holistic, ecosystem view of ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers