Nowadays, corporate social responsibility (CSR) is an important part of many business
organizations. It is concerned with how a company tries to be beneficial to all its stakeholder
groups. Many companies today run businesses with CSR especially big companies. They try
to involve in activities that will keep both the business and social environment sound. The
effects of CSR cannot be overemphasized; they range from companies running business well
to environmental improvements. CSR can also go a long way to improve on product quality
and service to customers. We wonder how companies run businesses with CSR in an adverse
competitive business world. Today, competitors of some businesses already practicing CSR
and beginning to embrace this new philosophy of business.