Corporate social responsibility Essays

  • The Pros And Cons Of Corporate Social Responsibility

    940 Words  | 4 Pages

    2.2 CORPORATE SOCIAL RESPONSIBILITY Corporate social responsibility (CSR) or CSR activity is seen as a complex and contested area, which is rapidly gaining importance from businesses all over the world (Vaaland & Heide, 2008). Mintzberg (1983), refers to Elbing (1970) when he states that the concept of social responsibility has been discussed academically by professors, pragmatically by businessmen, politically by public representative and approached from various angles philosophically, psychologically

  • Dimensions Of Corporate Social Responsibility

    1262 Words  | 6 Pages

    Corporate Social Responsibility Tesla Motors Inc., Patagonia Inc., & General Mills Inc. Brendan J. Bowers Konstantina Karatzoudi Rhoda Williams – Moore MET AD 655: International Business, Economics and Cultures Professor Jung Wan Lee December 12, 2016 1. Introduction Corporate social responsibility (CSR) is rapidly becoming a factor that companies must consider in order to remain relevant and favoured in the eyes of their consumers. This is more so important on international scene where

  • Era Of Corporate Social Responsibility

    1139 Words  | 5 Pages

    discussion on corporate social responsibility (CSR) has been arising. Patrick Murphy (University of Michigan Business Review, 1978) defined four significant periods of CSR before and after 1950`s. In a simplified scheme, Murphy argued that the period up to the 1950s was the ‘philanthropic’ era in which companies donated to charities more than anything else. The period 1953–67 was classified as the ‘awareness’ era, in which there became more recognition of the overall responsibility of business and

  • Sustainability: Corporate Social Responsibility

    742 Words  | 3 Pages

    this, the firm adopted 8points strategies that guide and measure the firm’s commitment to good corporate citizenship. These strategies include: • Integration • Investment and cost discipline • Operational excellence • Portfolio management • Project execution • Risk management • Technology leadership • World-class workforce Figure 2: Exxon Mobile Foundation Program Source: Exxon Mobile Corporate Citizen Report (2015) The figure above is an indication of how far the company has gone in her

  • Corporate Ethics: The Importance Of Corporate Social Responsibility

    1192 Words  | 5 Pages

    Corporate Social Responsibility (CSR), by definition, refers to the responsibilities of business that go beyond that of its obligatory economic, legal and technical requirements and more towards philanthropic actions for sustainability. It is rooted from the belief that a business owes certain responsibilities towards the society and stakeholders beyond that of making profits. Corporate ethics, which are the morals of right and wrong regulating the conduct of businesses, works side by side with CSR

  • Starbucks Corporate Social Responsibility Essay

    1006 Words  | 5 Pages

    Do companies have a social responsibility? Should companies use their money to benefit their consumers and society or please the shareholders? These are the main questions asked in the debate of corporate social responsibilities in “Rethinking the Social Responsibility of Business” in the Reason published in October 2005. This issue is something which Starbucks should be interested in because of how our company can benefit from the business strategies argued in this article. More importantly, I will

  • Corporate Social Responsibility In IKEA

    735 Words  | 3 Pages

    Introduction Corporate social responsibility (CSR) is focus of the current business world, consumers pay more attention to the return of the company rather than the quality and price of the product. Recently, the increasingly international corporate scandals have exposed some serious issues on the roles and responsibilities of companies (Brammer, Williams and Zinkin, 2004). According to a report from PricewaterhouseCoopers (Cheney, 2004), companies that ignore environmental problem and social responsibility

  • The Role And Importance Of Corporate Social Responsibility

    1027 Words  | 5 Pages

    Corporate Social Responsibility (CSR) has gained its importance as an essential activity for corporate nationally and internationally. It has become a matter of utmost importance for diverse groups demanding change in the business orientation. From 1980 to 2000, corporations recognized and started accepting a responsibility towards society. CSR implies some sort of commitment, through corporate policies and action. This operational view of CSR is reflected in a firm's social performance, which can

  • Walmart Corporate Social Responsibility Study

    3018 Words  | 13 Pages

    As we know, philanthropic model consists of economic view of CSR plus option for a particular business to contribute to social needs as a matter of philanthropy, but not as a matter of duty or social responsibility. [Hartman, L., MacDonald, C. DesJardins, J. (2014) Business Ethics, Chapter 5, p. 222] Moreover, philanthropic CSR suggests that businesses contribute to society in the hopes that this will have beneficial

  • Enron Corporate Social Responsibility Paper

    1527 Words  | 7 Pages

    Introduction The current paper examines the role of Ethics and Social Responsibility of businesses and corporations in marketing strategy. Specifically, the current paper investigates the corporation named Enron, to demonstrate how ethics and social responsibility play a part in the marketing mix and drives new trends on public trust in the marketplace. The paper at hand outlines the external factors that contribute to business ethics such as political and legal environment, consumers and competitive

  • Tesla Corporate Social Responsibility Analysis

    713 Words  | 3 Pages

    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

  • Gap Inc Corporate Social Responsibility

    798 Words  | 4 Pages

    Introduction Businesses are managed through the use of corporate social responsibility (CSR), which is the systematic approach used to incorporate social, economic and environmental benefits into their business activities and into their conversation with their stakeholders. By comprehending their stakeholders, businesses are able to monitor its own development and influence and there are various drivers of corporate social responsibility. The external (investors, consumers, public authorities,

  • Under Armour's Corporate Social Responsibility

    893 Words  | 4 Pages

    Social responsibility is an idea that companies should balance profit-making activities with socially beneficial activities and involve the development of a businesses that have a positive relationship with the societies.The missions of Under Armour are making all of athletes better through passion, design, and the relentless pursuit of innovation. There are four part of global corporate social responsibility in the pyramid which are philanthropic responsibility, ethical responsibility, legal responsibility

  • The Pros And Cons Of Corporate Social Responsibility In Tesco

    844 Words  | 4 Pages

    According to Tingchi Liu et.al (2014), the disadvantages of corporate social responsibility in the company are associated to the world’s development in order to save society from the environmental and economic issues. It is examined that NGO’s and government co-operation produce the better ways to solve corporate social responsibility issues and put the pressure on Tesco in order to integrate its CSR objectives and initiatives. Another disadvantage of CSR is a new policy that has been implemented

  • Analysis Of Nestle's Corporate Social Responsibility

    996 Words  | 4 Pages

    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

  • Volkswagen Corporate Social Responsibility

    1413 Words  | 6 Pages

    Volkswagen (VW) in emissions scandal, provide various problems that led to the scandal. Further discussed are the consequences of the scandal on the company such as legal, ethical etc. The report then explains the implication for corporate social responsibility and corporate governance. Volkswagen is a car manufacturing company based out of the state of Lower Saxony in Germany. The company employs more than 500,000 people worldwide and has a reputation for maintaining a good relation with CSR. However

  • Nestle Corporate Social Responsibility Case Study

    3469 Words  | 14 Pages

    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. On the contrary, the practice of CSR is an important consideration for long-term investment

  • Corporate Social Responsibility: Profit-Oriented Or Socially Responsible?

    3408 Words  | 14 Pages

    2 Corporate Social Responsibility (CSR) plays a crucial role in organizations and societies. Traditionally, CSR is a management concept that has been implemented by most of the listed companies around the world. CSR is implemented by companies to be responsible for the company’s consequences on the environment and social welfare in their business operations and interactions with their stakeholders (Unido, n.d)

  • Starbucks Corporate Social Responsibility

    1156 Words  | 5 Pages

    employment of corporate social responsibility (CSR) as a strategy of increasing their benefits which in return are expected to give the company using it a competitive advantage. Corporate social responsibility is a business practice that comprises of initiatives aimed at benefiting the society and can include various tactics including those of implementing business operations that are greener as well as giving away a portion of the proceedings held by a company to charity. This social

  • Volkswagen's Corporate Social Responsibility

    1858 Words  | 8 Pages

    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