Literature Review Of Carroll's Pyramid Of Social Responsibility
Theoretical Framework 2.1 Introduction This chapter will discuss the literature review about University Social Responsibility and its importance in the context of higher education institution (HEIs). Theoretical framework relevant to the study that will be presented in this paper will also be discussed. 2.2 Carroll’s Pyramid of Social Responsibility Theory Carroll’s pyramid of social responsibility was first discussed in 1979 where Carroll introduced the four categories (economic responsibilities legal responsibilities, ethical responsibilities, and philanthropic responsibilities) in CSR in chronological order layer focusing only on economic and legal responsibilities by which the categories is considered as independent with each other. In 1991, Carroll first presented the model in pyramid. In this article, ethical and philanthropic functions were also considered as significant. All four categories are of with the same importance. In 1998, Carroll disregarded the CSR pyramid and included corporate citizenship with the four categories. Carroll revived the original philosophy in 2000. In 2004, Carroll revived the same theory in 1991 with inclusion of stakeholder’s theory by which doing what is expected by global stakeholder. Corporate Social Responsibility is seen to be the responsibilities of corporation of running their business with the purpose of being profitable while considering the business impact to the society and many definitions of CSR has been noted and one
Social Responsibility: The Case Of Angus Reid
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Target Corporation Social Responsibilities
757 Words | 4 PagesMichael Abraha Analyzing Community Social Responsibilities Target Corporations is a retailer whose operations involve offering discounted, high quality, and trending merchandise. Such merchandise is retailed at attractive prices in guest-friendly, clean, and spacious stores. The company deals with a variety of food brands such as “Archer Farms”, home collections, food, and pets’ supplies, households, home decor and furnishing, clinics, pharmacy services alongside other services. The biggest community social responsibilities of the industry include protecting the environment, promoting healthy living, promoting community education, and volunteerism.
Arthur Jarvis's View Of Social Responsibility
85 Words | 1 PagesThe statement social responsibilities can be met in multiple different ways, for different people. Some people believe that social responsibility goes to the people, likewise others believe it leans toward the government. In the essay of Arthur Jarvis’, there is an ability to see what Arthur Jarvis truly sees to whom the social responsibility belongs. In Arthur Jarvis' essay there are multiple ideas that were once permissible and are now longer permissible: this leads us to fully understand what his view on social responsibility
Candian Tire Corporate Social Responsibility
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Volkswagen's Corporate Social Responsibility
1858 Words | 8 PagesThe selected corporation is Volkswagen (VW), a German car manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Established in 1937, Volkswagen is the top-selling and namesake marque of the Volkswagen Group, the holding company created in 1975 for the growing company, and is now the second-largest automaker in the world (Wikipedia, 2016). Volkswagen’s corporate website is http://www.vw.com/. According to the International Ethical Business Registry, there has been a dramatic increase in the ethical expectations of businesses and professions over the past ten years. Increasingly, customers, clients and employees are deliberately seeking out those who define the basic ground rules of their operations on a daily basis.
Tesla Social Responsibility Analysis
715 Words | 3 PagesCorporate 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.
Wal-Mart: Social Sustainability And Social Responsibility
1475 Words | 6 PagesSOCIAL RESPONSIBILITY As we defined above that social responsibility is to protect and enhance well-being of living things. Every organization is socially responsible to protect the environment and they can do there much which is legally required for the organizations. The very first social responsibility of every business is that to earn enough profit to meet his expenses. If the firm cannot earn profit no social need and social responsibility can be met by the firm the firm fails.
Analysis Of Nestle's Corporate Social Responsibility
996 Words | 4 PagesDiscussion 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.
Nestle Corporate Social Responsibility Case Study
3469 Words | 14 Pages1) 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.
Corporate Social Responsibility: Profit-Oriented Or Socially Responsible?
3408 Words | 14 PagesInvolved in CSR activities are proven to create good image and reputation for a company. In the long run, it helps a company to increase shareholders’ value and achieve sustainable business
Civic Responsibility And Social Responsibility
725 Words | 3 PagesBeing 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.
Volkswagen Code Of Ethics Analysis
1155 Words | 5 PagesDavis (as cited by Khalidah, Zulkufly, & Lau, 2014) defined Corporate Social Responsibility (CSR) as “… the firm’s consideration of, and response to, issues beyond the narrow economic, technical, and legal requirements of the firm. It is the firm’s obligation to evaluate in its decision-making processes the effects of its decisions on the external social system in a manner that will accomplish social benefits along with the traditional economic gains, which the firm seeks. It means that social responsibility begins where the law ends. A firm is not being socially responsible if it merely complies with the minimum requirements of the law, because this is what any good citizen would do.” A firm will not survive without the support of both the stakeholders and shareholders, thus the CSR proposes the indication which stats that a firm can never exist In a vacuum (Khalidah et.
Social Responsibility In Tesco
2166 Words | 9 PagesIn the recent years more and more companies in the retail and food industry are concerned about the environmental consequences of their action and also the social ethics for the people involved in the production process. This is a shift from the philanthropic actions companies used to take in 1970’s and by following basic international standards to a ‘business case’ perspective of CSR (Customer Social Responsibility). According to the World Business Council for Sustainability Develpoment ( WBCSD) CSR is: ‘’ the commitment of business to contribute to sustainable economic development, working with employees, theirfamilies, the local community and society at large to improve their quality of life’’ (World Bank, 2002)
Tesla Corporate Social Responsibility Analysis
713 Words | 3 PagesCorporate 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.
Examples Of Ethical Responsibility
902 Words | 4 PagesIf a company undertakes CSR then it helps to build a positive image in the market and it ultimately leads in benefits earned by the company. CSR activities not only help the companies to grow, but also due to social welfare the most disadvantaged group of a society gets a fair share in the world
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