CSR Essay

FOR more than two decades Wittenoom in WA’s Pilbara region was a mining stronghold. The small country town which lies around 1400kms northeast of Perth was also, at one stage, the only place in Australia that produced blue asbestos. But when demand for the deadly mineral began to wane and fears of serious health concerns began to emerge, the operation was shut down in 1966. However it was another decade before authorities realised the blue dust that swept throughout the town was extremely…

standards in all business. We do what we say we will do. We accept responsibility and hold ourselves accountable for our work and our actions -Chevron Weaknesses: • The company´s strategy of crisis management is not clear. • As it seems in their CSR reports, the company´s policy is not proactive, it is more reactive. • Despite of good defense in legal fights, the duration of the legal fights are too long. • The principle of ´if its legal its right´ principle makes them give wrong reactions to…

other hand, highlight that when companies get involved in societal issues, it can positively influence the firm’s financial performance. In addition, a firm’s active role on social issues may enhance the credibility and economic performance of a firm’s CSR strategy and commitment. Reputation, which is related to competitive advantage, is another reason why firms take an active role in social issues (Hond, 2014). McDonnell (2015) supports this reason and gives Nike as an example. In the early…

One of the other aspects that we learned in this course is regarding the social impact that results from the social entrepreneurship. We learned about many B-corp companies that committed to change the world, such as One World Play Project, which makes, sells and distribute indestructible ball in the third world countries, focusing on bringing the power of play to the children who live in a harsh environment. Australian Ethical, an investment company, which only invest people’s funds in…

2.0 SUSTAINABLE SUPPLY CHAIN Sustainable Supply Chain can be define as management of supply chain need to be consider of environmental issues, social, as well as economic impacts. ( Cody Sisco, Blythe Chorn and Peder Michael Pruzan-Jorgensen, 2010). Based on this authors also explained about the encouragement of good governance practices in term of goods and services in the sustainable supply chain. Sustainable supply chain is very crucial point need to be consider in the supply chain management…

the Johns-Manville Corporation could show how their filing of bankruptcy was beneficial to more than just the survival of the company. Expanding on this, the school of Corporate Social Responsibility states that— “Corporate social responsibility (CSR) is a business approach that contributes to sustainable development by delivering economic, social and environmental benefits for all stakeholders.” In other words,…

In an industry full of competitors, TOMS and Nike both thrive through different means and resources. TOMS focus’ on the conscious consuming with positive product impact through various charitable campaigns the company has partnered with. Nike on the other hand emphasis’ its resources on marketing. Nike wants to show the consumer that if you want to be the best you must buy the best. TOMS stands out from the rest with a platform which differs its products from the others. The main goal of the…

Viruses are typically species-specific, with one type of virus affecting one species of host. Therefore, a human virus cannot infect a feline and vice versa. The reasoning behind this limitation is that viruses use docking proteins to attach to surface receptors on host cells. Moreover, the cell membrane proteins attach to docking chemicals (Daempfle, 2016). In addition, viruses also utilized this docking system in order to attach to host cells. Obvious exceptions exist which include…

The bubonic plague Yersinia pestis In the mid 1300’s a strange sickness struck people were panicked. During this time period the water quality was not the greatest, it was polluted due to boats releasing to many fluids then making the drinking water unsanitary. This strange sickness was the bubonic plague people were getting tumor like lumps on their bodies then later creating red dots on the skin that later turn black. These black lumps become flat in doing so it is spreading across the body…

This essay will discuss topics on how a firm’s purpose is to maximise shareholder’s wealth and how by doing otherwise will affect the managerial focus of the firm and the balancing of conflicting interest amongst stakeholders. The other topic will discuss Vodacom and how conflicting stakeholder interests and how managers will use various solutions to attend these conflicts. What is the purpose of a firm and why do firms have a purpose? Many believe that the purpose of a firm is just maximise…