To what extent is Corporate Social Responsibility (CSR) beneficial to a company’s performance? An investigation of the correlation between Corporate Social Responsibility and key company stakeholders – customers‚ employees and investors. After years of investigation‚ the European Commission‚ which defined Corporate Social Responsibility as “a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on
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extent does Corporate Social Responsibility beneficial to a company’s performance? Hot debates were arose everywhere in the society about the extent of Corporate Social Responsibility (CSR). Mallen Baker (2004) states that CSR is about how companies manage the business processes to produce an overall positive impact on society. Supporters of CSR claim that Businesses and Corporations are not only about making money especially for big business. They should show social responsibility‚ moral standard
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What are the social responsibilities of a business to its community? The social responsibility of a business is to become a major part of its surrounding community. It is an employer of local people and should encourage their involvement in community activities along with the well being of its members. The company should strive to do business in an ethical way. Always making business decisions based on fairness‚ values‚ and its own code of ethics. This will enable employees to be proud of where
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its significance not only to the park’s biodiversity but more so in the fight against climate change. EDC was represented by Director Art Valdez; Senior Vice President for Environment and External Relations‚ Ms. Agnes C. de Jesus; and Corporate Social Responsibility Manager Rei Medrano. Sixty youth leaders from the USLS-IND Youth
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The Moral and Ethical Responsibility of a Graphic Designer In Victor Margolin’s article “Rebellion‚ Reform‚ and Revolution: American Graphic Design for Social Change‚” he does well in presenting Graphic Designers and their contributions to political and social change throughout history. Graphic Designers have a moral and ethical responsibility to the public. Mainstream media offers a plethora of inspiration and information for visual artists and designers alike. In recent years‚ the media’s
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Indian Media – Social Responsibility and the Challenges Ahead “Congress shall make no law…abridging the freedom of speech or of the press…" The First Amendment to the U.S. Constitution. This paper examines the ‘Social Responsibility of the media in today’s scenario.’ The job and responsibility of media is to uphold truth‚ integrity and be socially responsible. The goal of my paper is to clarify the definition of social responsibility‚ coupled with examples of its applications in impractical
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Company Q’s attempt to make logical day-to-day business decisions‚ they have created tension in the communities that they thrive in. With the intention of protecting the company and its assets‚ they have unintentionally created a imbalance of social responsibility within the company and community. Closing stores in major metropolitan area is a formula for disaster. These stores could have been where most foot traffic potential is located. That can lead to hight revenues. Company Q has shown that they
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Lesson 4 Social Responsibilities of Business You know that business is an economic activity‚ which is carried out on a regular basis to earn profit. However‚ you must have seen businessmen spending money on different aspects‚ which is not going to give them any profit straightway. For example‚ you must have seen businessmen maintaining and developing gardens and parks on streets and squares in cities. Some businessmen engage themselves in research for improving the quality of products; some
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Justin Simmons Corp Social Responsibility Looking back at the last three years there has only been one profitable quarter. It is too early to take on such a lucrative responsibility. It would be safer to wait two or three quarters to see exactly where we are financially and how much flexibility we have. Estimating that are next quarters are just like the last with a $2 million profit pre tax. The $500‚000 annual cost would be 6.25% of our total profits for the year. That is a low percentage but
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of using criminological research to develop new social and public policies. The past has shown us that increased prison sentences and declaring a “war on drugs” will not be the types of policies that will be effective in reducing or solving the problem of crime. I agree with many other criminologists that an effective crime control strategy should incorporate Social Responsibility Perspective‚ and Social Problems Perspective. Social Responsibility Perspective supports the idea of making individuals
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