Social Responsibility Analysis: Larsen And Toubro
Larsen and Toubro, most commonly known to us as L&T, is one among the most well reputed, successfully established companies in India. It covers areas under Construction, which is its core strength, technology, engineering and manufacturing and growing at an enviable pace.
The reason behind its success is owed to its deeply followed and retained heritage of having customer focus and dedication to provide quality service. This effort made to offer a world class quality has made L&T to stand in a prestigious position among the top companies. This dedication has even made them capable enough to spread out their services and have overseas earnings at an increasing rate.
With the support of a strong marketing and distribution network, they have been able to prove their capability, and have managed to build a reputation for themselves, on their own.
L&T strongly believes that the company can progress, if and only if, they maintain a balance and harmony with the environment. Thus, in their corporate vision and mission, it has been stated that the company maintains a commitment to the welfare of its society, and also fulfills its responsibilities that it owes to Mother Nature.
CONCEPTUAL STUDY
WHAT IS CSR… …show more content…
But, to be more specific, it is the obligation on the part of decision makers to take an action which can safeguard and improve the society that they work and live in, and make decisions that will be in the interest of their own as well as the others at large. CSR is also known as corporate conscience, corporate citizenship, and responsible business. It is a management concept where companies combine their social and environmental concerns and duties in their business operations and interactions with the
The reason behind its success is owed to its deeply followed and retained heritage of having customer focus and dedication to provide quality service. This effort made to offer a world class quality has made L&T to stand in a prestigious position among the top companies. This dedication has even made them capable enough to spread out their services and have overseas earnings at an increasing rate.
With the support of a strong marketing and distribution network, they have been able to prove their capability, and have managed to build a reputation for themselves, on their own.
L&T strongly believes that the company can progress, if and only if, they maintain a balance and harmony with the environment. Thus, in their corporate vision and mission, it has been stated that the company maintains a commitment to the welfare of its society, and also fulfills its responsibilities that it owes to Mother Nature.
CONCEPTUAL STUDY
WHAT IS CSR… …show more content…
But, to be more specific, it is the obligation on the part of decision makers to take an action which can safeguard and improve the society that they work and live in, and make decisions that will be in the interest of their own as well as the others at large. CSR is also known as corporate conscience, corporate citizenship, and responsible business. It is a management concept where companies combine their social and environmental concerns and duties in their business operations and interactions with the