Corporate social responsibility (CSR) is an increasingly important issue for all businesses around the world. CSR covers economic‚ legal‚ ethical‚ and philanthropic responsibilities of firms. Explain the factors that may motivate an MNE to adopt CSR in its international business strategy and operations. How might the country context influence the types of CSR initiatives undertaken? Support your answer with real world examples or cases. Introduction In the beginning of the 1980s state and
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Living Dangerously in Two Worlds In my paper I will be discussing the topics related to corporate social responsibility. Corporate social responsibility (CSR‚ also called corporate responsibility‚ corporate citizenship‚ and responsible business) is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers‚ suppliers‚ employees‚ shareholders‚ communities and other stakeholders‚ as well as the environment. This obligation
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CORPORATE SOCIAL RESPONSIBILITY The term social responsibility means different things to different people. Generally‚ corporate social responsibility is the obligation to take action that protects and improves the welfare of society as whole as well as organizational interests. According to the concept of corporate social responsibility‚ a manager must strive to achieve both organizational and societal goals. Current perspectives regarding the fundamentals of social responsibility of businesses
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energy-efficient. In 2009‚ Maybank was the first and only Malaysian financial institution whose takes part in the Carbon Disclosure Project (CDP)’s questionnaire. Also‚ to contribute a better corporation’s global effort Maybank had take part in CDP for the past three years to decrease GHG emissions. In 2011‚ Maybank completed the CDP questionnaire. Maybank has applied a selection of actions to save energy. Maybank try to reduced greenhouse gas emission‚ water consumption by renewing their energy-saving lift systems
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Corporate social responsibility is a company’s obligation to be responsible to all of its stakeholders in all its operations and activities with the aim of achieving sustainable development not only in the economical component but also in the social and environmental dimensions company’s stakeholders are all those who are influenced by and can influence a company’s decisions and actions‚ both locally and globally. Business stakeholders include employees‚ customers‚ suppliers‚ community organizations
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Corporate Social Responsibility http://csr.cisco.com/pages/csr-programs Cisco CSR Programs Should companies feel obligated to take it upon themselves to practice good Corporate Social Responsibility for the hard working consumers and stockholders that are all aware of the global social issues that occur every day? As defined by World Buisness Council for Sustainable Development‚ "Corporate Social Responsibility is the continuing commitment by business to contribute to economic development while
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(Reporter #1; additional input…) Corporate Social Responsibility The broadest definition of corporate social responsibility is concerned with what is - or should be - the relationship between global corporations‚ governments of countries and individual citizens. More locally‚ the definition is concerned with the relationship between a corporation and the local society in which it resides or operates. Another definition is concerned with the relationship between a corporation and its stakeholders
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RECR 2190 Introduction to Sport Management YMCA For Youth Development‚ For Healthy Living‚ For Social Responsibility Nathan Scruggs Introduction The YMCA was founded by George Williams‚ a London draper. Williams was the typical man who was drawn by the Industrial Revolution. Williams and his colleagues became concerned about the lack of healthy activities for the young men and men of the future in their respective cities while the only options available were taverns and brothels
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was to have a setting of Italian elegance‚ a personal treat and a social gathering spot.(Keller & Kotler‚2012). Starbuck has worked tremendously hard to store an image that it has become the most frequently visited retailer in United States with an average of 18 times a month (Kotler & Keller‚2012). Starbucks is known as a responsible company since it started its operation in 1971. It has been a leader in its social responsibility at giving back to its communities ‚ the environment and in its ethical
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Corporate Social Responsibility (CSR) Chapter 1 Introduction Corporate Social Responsibility is a rapidly developing‚ key business issue. It is a concept that has attracted worldwide attention. Due to the demands for enhanced transparency and corporate citizenship‚ CSR started to embrace social‚ ethical as well as environmental challenges. Today‚ companies are aware of the social and environmental impacts of international production. It is accepted that Companies should not be only profitable‚
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