1. Purpose and differ
   1. CSR is a business strategy that involves taking responsibility for the company's actions and its impact on society, environment, and stakeholders. CSV is a business strategy that involves creating economic value and social value simultaneously.
2. Examples of successfully strategies
   1. Unilever, Microsoft, Apple, and Nestle
      1. These companies have seen key benefits such as increased brand loyalty, improved reputation, increased customer loyalty, and increased employee engagement. Challenges faced include operational complexities, difficulty in measuring and tracking progress, and difficulty in aligning CSR and CSV initiatives with the company's core business objectives.
3. Contribution to bottom line
   1. They can also help to increase profits and generate long-term value for businesses by improving their reputation and customer loyalty, reducing costs, and improving operational efficiency. The business case for implementing these strategies is that they can help companies to differentiate and compete in the market, strengthen relationships with stakeholders, and increase profitability.
4. Drawbacks and overcoming
   1. They can be costly and difficult to implement, and may not produce the desired results. Businesses can overcome these challenges by developing strategies that are tailored to their needs and resources, focusing on areas of impact that are aligned with their core values, and engaging stakeholders in the decision-making process. They can also use data-driven approaches to measure the impact of their initiatives and track progress.
5. Stakeholders role implementating strategies
   1. They also help to ensure that the strategies are beneficial for all involved, including customers, employees, shareholders, and society at large.
6. How to ensure it
   1. Businesses should ensure that their CSR and CSV initiatives are sustainable by aligning them with their overall business strategy and objectives.