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Social Responsibility Component

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During these days we are becoming ever more concerned with "going green", how much should companies worry about the social responsibility component when creating their mission and vision statements?

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Solution Summary

This solution of 341 words explains the 'going green' moving in companies as part of their social responsibility component.

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Cutting edge firms began the green thing because they genuinely cared about the environment. Many other firms have realized that 'going green' is a way to capitalize on their marketing efforts. For a small amount of time, there is a marketing edge to be had by firms who promote being eco-friendly and socially responsible; so much so that other firms utilize 'green washing' (the technique of promoting there products as green when, in fact, they really aren't) to jump in on the action.

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