depends on the wellbeing on the other. Companies engaged in CSR are reporting benefits to their reputation and their bottom line. We cannot build the case for CSR solely because of its economic benefits - an ethical case must be made for companies taking responsibility for the impact of their relations with society and the environment‚ otherwise the foundations of CSR will be far too narrow. However‚ Corporate Social Responsibility (CSR) is becoming an increasingly significant category by which
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Corporate social responsibility (CSR) refers to a corporation’s accountability for its actions towards its people‚ the communities it interacts with‚ and the environment it is situated in. By implementing CSR as part of its corporate strategy‚ a firm seeks to align its economic interests with its legal and social responsibilities to its employees‚ its community and the rest of its stakeholders. In Singapore‚ though CSR is still a relatively new notion when compared to the Western countries‚ it
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CSR objectives and actions developed for each of the Indra’s stakeholder groups: customers‚ suppliers‚ employees‚ shareholders and community are: Customers For Indra‚ knowledge exchange with customers to develop ad-hoc solutions is essential. In doing so‚ Indra selects those customers that it considers as highly innovative and with great growth potential‚ for which the development of trust is critical. Thus‚ it fulfills a two-fold aim: it improves its knowledge on needs and expectations of this group
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Engagement and CSR: TRANSACTIONAL‚ RELATIONAL‚ AND DEVELOPMENTAL APPROACHES Philip Mirvis This article looks at the relevance of corporate social responsibility (CSR) for engaging employees‚ including its impact on their motivation‚ identity‚ and sense of meaning and purpose. It explores three different ways that companies engage their employees through CSR: a transactional approach‚ where programs are undertaken to meet the needs of employees who want to take part in the CSR efforts of a
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profile and the closing case for this chapter‚ discuss the challenges regarding corporate social responsibility (CSR) that companies in the apparel business face in its supply chains around the world. In today’s globalized economy‚ the challenge in engaging in CSR is in keeping costs low while at the same time keeping profits high and shareholders happy. With the implementation of a CSR strategy‚ Milton Friedman’s theory of maximizing shareholders’ profits as a company’s sole objective has become
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Matric No: _________________ EDINBURGH Napier university School of Accounting‚ financial services & law BA (HONS) HRM with Financial Management mODULE: CORPORATE SOCIAL RESPONSIBILITY ACC10707 Academic session: 2012/13 Diet: 2nd Exam duration: 3 hours Reading time: 10 minutes (excluding reading time) Total exam time: 3 hours & 10 minutes Please read full instructions before commencing writing Exam paper information Total number of pages: 2 (including front page) Number of questions:
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CASE STUDY : Multinational Outsourcing and CSR. Inditex: The worldwide outsourcing garment industry and social community development in Morocco “Intermón claims that pressures on foreign clothing suppliers are smothering employees. […] In Morocco‚ where Cortefiel‚ Inditex (Zara)‚ Mango and Induyco (El Corte Inglés) manufacture their products‚ a Tangier based textile factory sold a pair of slacks to large Spanish retailers for 3.3 euros three years ago; today‚ the same item sells for 2 euros
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Company profile- itc was incorporated on august 24‚ 1910 under the name of ‘Imperial Tobacco Company of India Limited’. Its beginnings were humble. A leased office on Radha Bazar Lane‚ Kolkata‚ was the centre of the Company’s existence. ITC has a diversified presence in Cigarettes‚ Hotels‚ Paperboards & specially Papers‚ Packaging‚ Agri-Business‚ Packaged Foods & Confectionery‚ Personal Care‚ Stationary‚ Safety Matches and other FMCG products. While ITC is an outstanding market leader in
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5.2 Simulation model The simulation circuit is as shown in Figure 5.1 for proposed CSR-HFL inverter. Here the proposed CSR-HFL inverter is Fuzzy-controller which gives pulse generator to generate pulses at give instant to operate the proposed CSR-HFL inverter. Figure: 5.1 Simulation model for proposed CSR-HFL inverter 5.3 Simulation results Figure 5.2 and 5.3 shows the waveforms of the CSR-HFL inverter with open-loop control when input voltage UD = 48 V and output ac voltage Vo = 50V. The reference
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|Café de Carol | |CSR Initiative Recommendation Report | | | | Table of Contents Memo 3 Executive Summary 5 Introduction 7 Analysis 10 Recommendation(s) and Conclusion: (I) 11
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