Discuss the importance and role of Corporate Social Responsibility in Essay - 1

Discuss the importance and role of Corporate Social Responsibility in event management in the 21st Century - Essay Example The complexity of cooperate social responsibility has attracted many scholars from all fields in an attempt to describe its many aspects. This essay will discuss some of the impact that cooperate social responsibility has effected in the economic and management strategies. It will also check on the various roles and importance in event management. It creates awareness on the various models of responding to various problems (Hopkins, 2006: 10). Different institutions have used this strategy with the emergence of globalization, which has raised the needs of the business to diversify with the diverse cultures, and the geographical settings that it serves (Horrigan, 2010: 352). Application of the strategy has helped create competition among event planning institutions serving the customer’s needs effectively and enhancing the sustainability of the enterprise (Jones, 2010:25). Institutions that apply this strategy have been able to diversify their services. This depends on differen t factors like the geographical settings hence increasing the country’s demand to serve the emerging social demands. ... The morals, standards, and monitoring the general plans of the people to ensure no tragic flaws experienced as after effects (Mullerat, 2010: 144). The society recognizes the enterprises need for to maximize on their profits, but still on the same, it demands the enterprise to intervene on other matters that affect the society. This helps enhance the impression of the society to increase their abilities of gaining profits from the public and globalizing their event organizing activities (Hopkins, 2006: 15). In addition, by interacting with the various societies the enterprise gets to interact with different cultures, which enhance its ability to satisfy the diversifying demands in the international market. With globalization, no enterprise should for-go cooperate social responsibility with the aim of addressing the urgent issues in the international market. Event managers need creativity and new strategies that are attractive to consumers. By applying the cooperate control strategy w hich has tremendously improved in the 21st century to satisfying the demands of their consumers. The extended environmental boundaries to serve and the diversified social cultures to interact with have raised the need for creativity on any organization in branding its products. Social responsibility may involve getting ideas from the public, or financing and supporting other creative enterprises and giving them rewards or collaborating with them (Zu, 2009:115). This may help bring about a change of ideas and do away with some of issues such as outdated products, which would have been modified to suit the revolutionized times and create impact on the environment and