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Re write this: 1. Ethical Standards and Corporate Social Responsibility (CSR): Modern consumers are increasingly aware and sensitive to ethical issues, hence they favor businesses
Re write this: 1. Ethical Standards and Corporate Social Responsibility (CSR): Modern consumers are increasingly aware and sensitive to ethical issues, hence they favor businesses that uphold societal values such as fair labor practices, ethical sourcing, and active engagement in social issues. This trend also impacts the choices of employees and investors, compelling companies to operate with honesty and transparency. Businesses react differently to CSR. For example, Patagonia integrates it into their core business strategies, placing a strong emphasis on sustainable environmental practices and ethical labor. Conversely, some companies regard CSR as a peripheral concern, often leading to accusations of token commitment or greenwashing. Despite the growing recognition of CSR, the level of dedication still varies considerably
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