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Cite at least five (5) benefits of social responsibility in the small business enterprise and explain why CSR is important in business operation.​

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Answer:

5 Benefits:

1.Better brand recognition.

2.Positive business reputation.

3.Increased sales and customer loyalty.

4.Operational costs savings.

5.Better financial performance.

-CSR is important because it can bring benefits in terms of risk management, cost savings, access to capital, customer relationships, human resource management, and innovation capacity, it can also boost employee morale and lead to greater productivity in the workforce.

Explanation:

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