What is corporate social responsibility? Give arguments for and against social responsibility? Ans. Social Responsibility Social responsibility can be defined as: “A business’s obligation to follow goals that are good for both organization and society in the long-term‚ and are not required by law.” Corporate Social Responsibility The term "corporate social responsibility" came in to common use in the early 1970s. It means the duty of an organization towards society in order to prove itself
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Today‚ Corporate Social Responsibility (CSR) is much wider concept than just donations and philanthropy. It is viewed as a way of doing business‚ identified with the strategies and standards of business conduct that companies follow in their business. While focused on creating shareholder value‚ the companies seem to be equally focused on CSR for various reasons like - attracting socially responsible investors‚ customer group‚ marketing‚ branding‚ enhanced employee relations and Tax incentives.
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Social work values and ethical dilemmas What are values‚ ethics‚ ethical dilemmas and a code of ethics? Values relate to principles and attitudes that provide direction to everyday living. Values also refer to beliefs or standards considered desirable by a culture‚ group or individual (AASW). Similar to values‚ but slightly different‚ ethics means a system of beliefs held about what constitutes moral judgement and right conduct‚ they are moral principles (rules‚ guides) (AASW). So an ethical
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general news HONDA Corporate Social Responsibility March 24‚ 2008 Honda Motor Co.‚ Ltd (Japan)‚ the mother company of the Honda Group of Companies in the Philippines was established in 1948. Since then Honda Motor has continuously sought to contribute to society by creating products of the highest quality and advance technologies. It has also undertaken Social Responsibility initiatives‚ seriously. Thus‚ the Honda Group of Companies in the Philippines composed of Honda Philippines‚ Inc.‚ (HPI)
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continents. The United States and large U.S. corporations have trade agreements and conduct day- to- day business in each of these countries. These powerful entities have an obligation to not only conduct responsible business but to also ensure the social welfare of the local population. Ghana The United States is one of Ghana’s primary trading partners and many U.S. businesses have market share in the West African country. The U.S. has maintained a trade agreement with Ghana since the year 2000
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The Red Cross has a very phenomenal history behind it. The things they do for the community can be considered to be one of the nicest things agencies or anyone can do. They are so organized in the way that they operate. The International Red Cross and Red Crescent Movement Strategic Plan are directed by the Fundamental Principles. The Fundamental Principles are generally regarded as the moral authority under which the International Red Cross Movement operates. They are as follows: Humanity‚ Impartiality
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Business Ethics and Corporate Social Responsibility |BUSINESS ETHICAL BEHAVIOR & CORPORATE SOCIAL RESPONSIBILITY | | | |Student’s Name:Renee Giordani | | | |Course Title:Sales Management | | | |Professor:Gene Dichiara | | | |SUNY EMPIRE STATE COLLEGE | | | |Date: December 09‚ 2014 | Business Ethical Behavior & Corporate Social Responsibility: Why Organizations Must Have IT Corporate Social Responsibility has gradually developed into one of the greatest ethical aspects that have to be adhered
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MA Management Corporate Social Responsibility Assignment Corporate Social Responsibility Analysis of The Body Shop Date 29 January 2010 Word Count 5477 Grade 75% Table of Contents Preamble 1 Introduction 1 Corporate Social Responsibility 2 Opposition to Animal Testing 3 Support for Community Trade 6 Environmental Protection 9 Evaluation 11 Conclusion 13 References 16 Appendix 1 20 Preamble The objective of this piece of work
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Monsanto’s pursuit in each of the four types of social responsibilities was economically ensure and secure employees employment for a company profitable and able to uphold its social responsibilities by inventing and investing in new products. Monsanto was one of the top three companies successful in multiple inventions such as the production of saccharin an artificial sweetener used by Coca-Cola company. Economic values used as strategy to enhance operations efficiency which focused on cost reduction
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Social responsibility is about not only creating a better life for coffee farmers‚ but also the lives of the communities where these farmers reside. Without improving the lives of those in the communities‚ the farmers will not be able to grow. The Partnership‚ like the Tim Horton Children’s Foundation‚ works on “empowering youth and improving childhood education in coffee communities to provide better opportunities for the future” (timhortons.com). In order to achieve this goal‚ The Partnership has
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