Modern day businesses have to be socially responsible; actions are taken to satisfy customers who might have a cause that they care deeply. Social responsibility occurs when a person or a company acts in an ethical and sensitive way towards important social issues of the day such as economic, environmental, and cultural concerns. Many businesses have a section of their website or business literature dedicated to social responsibility. Companies proudly detail the steps they are taking to address concerns that people have with the environment and economic issues. Having companies act in a socially responsible way is necessary because their actions have a tremendous positive impact on society. Candian Tire is a corporation that I most admire for their commitment to social responsibility. In the following paragraphs, I am going to explain why I admire Canadian Tire and the moral reasons why I think they are admirable for their dedication to social responsibility.
Canadian Tire founded in 1992 is one of Canada's oldest cooperation and the second largest retailer in Canada. I admire Candian Tire because of their charity work
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In taking these actions, Candian Tire is fulfilling it's ethical obligation by doing what is right and fair while doing little harm. According to McLaren's "By the end of 2013, 32 Canadian Tire stores had rooftop solar systems installed, with two more to be completed in 2014. The total renewable energy generated will produce enough electricity to power 1,000 average-sized Canadian homes each year." () Candian Tire employees have committed to reducing waste by recycling batteries and plastic. I find these action admirable because 97% scientists have warned us about the dangers of climate change. In my opinion, businesses have a tremendous responsibility because they are the ones that are producing the most
Additionally to the energy reduction, the company is mainly focusing on minimizing the greenhouse gases, which was particularly scaled down by 3.8% since 2014 and replaced their 1886 vehicles by newer eco-friendlier models (Rogers Communications Inc., 2016, p. 41-45). Furthermore, to support water reduction initiatives, high-efficiency water fixtures and appliances were installed in the facilities (Rogers Communications Inc., 2016, p. 48). Not only Rogers decreased paper consumption by 21.3% in 2015, it more and more promotes recycling activities (Rogers Communications Inc., 2016, p. 46-47). For instance, in 2015, 63 516 devices and 634168 kg of cable set-top boxes and modems were collected for recycling (Rogers Communications Inc., 2016, p.
¬¬-Corporate ethics comes at a price- one that either businesses have to absorb or consumers have to pay for. Too often consumers complain about big business, but then shop at Walmart because the small, family owned stores are more expensive. However, people still drink it. Not only do businesses need to be held responsible, consumers do as well. If there was not a demand, Coke would discontinue the supply.
Maple Leaf Foods: Maple Leaf Foods is a main Canadian food process company, supported in 1927 as a merger of many major Toronto meat packers. Its head workplace is in Toronto. TYPE: Public FOUNDED: Toronto, Ontario (1927) HEAD OFFICE: Toronto, Ontario, Canada. KEY PEOPLE: archangel McCain, Chief military officer INDUSTRY:
1) Who is Gregory Aziz? Gregory James Aziz is National Steel Car’s President, Chairman & CEO. NSC is one of the North American and world’s leader companies in railroad freight car design and production. He also is the Chief Executive Officer of National Industries,
Canadian tire is a retail location. Its parent organization is Canadian Tire Group. It goes under way of life and retail area. Canadian tire is giving quality at a low cost and focusing on upper middle class and lower middle class. Its principle competitors include: Empire (Sobeys), Metro, Loblaw Companies ltd., Alimentation Couche - Tard Inc., Shoppers Drug Mart.
He mentioned that just individuals have responsibility and a corporation is an artificial person and so it has artificial responsibilities, however the similar situation cannot be obtained for whole business. He says that, firstly, we should ask what it refers for whom to examine the doctrine of social responsibility of business. He believes that a corporate executive is an employee of the business in a private property sys¬tem and his employers are his re¬sponsibility and says “That responsi¬bility is to conduct the business in accordance with their desires, which generally will be to make as much money as possible while con¬forming to the basic rules of the society, both those embodied in law and those embodied in ethical custom.” The primary responsibility of corporate executive is as an agent for owners of corporation or individuals who constitute charity
The Guardian, Guardian News and Media, 24 Aug. 2017, www.theguardian.com/sustainable-business/2017/aug/24/nickel-mining-hidden-environmental-cost-electric-cars-batteries. Gardiner, Joey. “The Rise of Electric Cars Could Leave Us with a Big Battery Waste Problem.” The Guardian, Guardian News and Media, 10 Aug. 2017, www.theguardian.com/sustainable-business/2017/aug/10/electric-cars-big-battery-waste-problem-lithium-recycling.
Corporate Social Responsibility (CSR) relates to the actions of an organization and the effects on the environment and social wellbeing. It is about the way that the company assesses its actions and takes responsibility for this. (Investopedia, n.d.) CSR is a management concept whereby companies integrate social and environmental issues in their business operations and interactions with stakeholders . The company aims to achieve a balance of economic, environmental and social objectives, while also listening to the needs of stakeholders.
Discussion Nestlé’s Corporate Social Responsibility consists of looking further then the own company needs or profits and pay more attention to other stakeholders. Everyone concerned or connected to the company business will get a closer look on their situation and will be treated right. They divide the stakeholders in two categories; the first being the internal stakeholders such as employees and shareholders. The second category is external stakeholders where we find the suppliers, customers, environment and so on.
1) Evaluate how Nestlé 's approach to corporate responsibility was good for their business. Corporate businesses generally have to meet ethical, legal, commercial and public expectations. That is what is expected of the business world today. This is known as the Corporate Social Responsibility (CSR). However, businesses with short-term goal will rarely practice CSR since practicing it does not bring any benefit.
I agree with your statement that design teams should "demand high ethical standards from themselves and their team members," however I think I differ with you on how different businesses should be treated with respect to these legal and ethical issues. While it's true that no business or start-up will necessarily be able to satisfy all customers completely due to mistakes and misunderstandings, I do think most legal and ethical issues are avoidable. Firstly, many policies that are based on ethics are already built into laws that private businesses must follow. For example, the fact that it's illegal to discriminate against potential employees is enforced by the Equal Employment Opportunity Commission.
All other functions are underpinned by the economic role of business in society. •Legal responsibilities - Although companies have their economical fundamental role they are expected to comply with the laws and regulations of the country they operate in. The legal expectations apply to companies, as juristic entities that can act as persons, and the employees they employ regardless of their responsibility. •Ethical responsibilities - Companies are also expected to comply with the ethical norms of a society. Because these are normally not written in law and are therefore not a legal requirement it is difficult for companies to behave and follow it.
Being socially responsible is the idea that businesses should balance profit-making activities with activities that balance benefit society; it involves developing businesses with a positive relationship to the society which they operate. Social responsibility is an ethical theory, in which individuals are accountable for fulfilling their civic duty but the actions of an individual must benefit the whole of society. Social and civic responsibility should be an automatic thing that should come to people’s minds when trying to improve society. The main concept of social responsibility is that every individual, has to perform so as to maintain a balance between the economy and the ecosystems.
By analyzing the code of ethics, and how the company incorporates that in their company’s social responsibility, we can understand that social responsibility has long been at the heart of Volkswagen’s corporate culture. One of the two core elements in Volkswagen responsibility to the society is the ability to serve the community in a long run. Besides that, Volkswagen commitment to the corporate social responsibility is not superficial or made up. It works to create sustainable structural development for both economic and social stimulus as well as the opportunity for stakeholders. Volkswagen supports projects that promote culture and art, education, science, health and sport.
1. Why did Nike fail to address corporate social responsibility early on? Nike fail to address Corporate Social Responsibility early on because to be remain competitive, keep on producing in low cost and increasing profit, Nike footwear factory has moved to the other country with low costs labor. At first, Nike was founded in U.S then began moving to other country in the 1960s, to Japan, then Korea and Taiwan, and in the beginning 1980s, to Southern China and Nike footwear production still keep on moving to the other Asian country where the manufacturing cost is still low.