CSR Essay

often mistake the economic impacts and aspects of CSR with financial issues. But these aspects and aspects is not only a matter of companies being financially sound, they are also linked to the direct and indirect economic impacts that the businesses operations have on the surrounding community and on its stakeholders. (Belal Uddin, 2008) State contracts and state subsidiaries are also economic impacts and aspects to be taken into consideration. CSR has quite an impact on economic growth and…

several developing countries and almost 50% of its factories operate in developing countries. The company practice strong principals of ethics and claim to protect the trust of its stakeholders. These sets of principles and policies are refereed under CSR practices guide and company’s code of conduct. These principles focus on consumers, supplier and customers, employees, the environment and the human rights with labor practices. To produce their products company purchases raw materials from the…

The definition of CSR: CSR is about how companies manage the business processes to produce an overall positive impact on society. CSR is one of the most important thing to the competitiveness of enterprises, and a good CSR strategy can bring benefits : access to capital, cost savings, customer relationships and innovation capacity. Summary: • No (communication) devices, but also the strategic level is displayed at every level of the organization • Knowledge of the law and adherence to basic,…

He knew that he would have to take a very analytic approach in order to find out the reason why the CSR strategy had not succeeded. He would have to consider various points of view in order to better understand the difference between the way how McDonald’s see themselves and the way hot they are seen by their customers. His first task was to analyze the current CSR policy from the point of view of McDonald’s, listing everything the company regards a socially responsible activity. He took his pen…

We ran Walmart’s CSR through the following seven ethical test; Friedman Theory, Utilitarian Theory, Stakeholder Theory, Ethical Egoism, Categorical Imperative, Entine and Jennings and Conscious Capitalism. The Milton Freidman theory is that a business has only one social responsibility, and that was to increase profits without breaking laws or being deceptive. Walmart 's Global Report appears to be beneficial to society as a whole by proclaiming dedication to sustainability, community, employees…

Background of research problem： (讲什么是CSR) With the increasing concern about the concept of corporate social responsibility, some scholars think companies should take CSR as an opportunity, innovation and competitive advantages rather than cost (Porter and Kramer, 2006),and also some scholars argue that companies use CSR as means to deal with social environment pressure from public. (Dennis M. Patten,1991) On one hand CSR is aim to minimize the negative impact of business activities, on the other…

MegaTech to venture in donating reusable technological devices to non-profit organization as our Corporate Social Responsibility. Below, I’ve created a table which reflects my top 5 companies and their CSR benefits. Table A1 Types of CSR models and benefits for MegaTech Company CSR Model Benefits Office Depot (Office Depot, 2016) Education Assist designated schools with free supplies to help build a brighter future for students. Dell (Dell, 2016) Recycling Reusable…

3. Who are Target's stakeholders? How do Target's CSR activities address its stakeholders' concerns? Mainly the target’s stakeholders are customers, employees and community. Targets address the stakeholders concerns by various CSR (corporate social responsibility) activities. CSR activities to deal with customers - 1. Face to face interaction with customers in stores 2.organizing online surveys and obtaining valuable suggestions (target CSR report 2012) 3. Applying health care strategies by…

CSR Samsung Samsung established in 1938, now Samsung is a big company that sell a products and services such as an electronic components, medical equipment, telecommunications equipment, advertising, entertainment, information and communication, hospitality, financial services, chemicals, and others. As a big company, Samsung has awareness for making a welfare of the employees and the communities through the Corporate Social Responsibility programs. Samsung has a vision, the one of the vision…

2.2 Concepts Synonymous to CSR 2.2.1 Corporate Citizenship (CP) Corporate citizenship a concept which is often used interchangeably with CSR. Irrespective of the way and manner in which concept is being defined it seems to have more or less overlap with the concept of CSR. Carroll (2008) stated in his work that corporate citizenship may be broadly or narrowly conceived in CSR. According to Carroll (2001), the philanthropic responsibility he mentioned in his hierarchical framework refers…