CSR Can Backfire When Prices Are Increased
To gain access to all Ideas for Leaders content please Log In Here or if you are not already a Subscriber then Subscribe Here.
Corporate Social Responsibility activities may have an unexpected consequence: they raise customer expectations of fairness that can backfire when the company decides to raise prices. Ironically, customers who are sceptical of the company’s CSR activities will also be less critical of price increases.
Ideas for Leaders is a free-to-access site. If you enjoy our content and find it valuable, please consider subscribing to our Developing Leaders Quarterly publication, this presents academic, business and consultant perspectives on leadership issues in a beautifully produced, small volume delivered to your desk four times a year.
For the less than the price of a coffee a week you can read over 650 summaries of research that cost universities over $1 billion to produce.
Use our Ideas to:
Speak to us on how else you can leverage this content to benefit your organization. info@ideasforleaders.com