Social Responsibility What Definition Making a profit within the ambit of the law and to make decisions that will benefit not only the interest and welfare of society but also that of the organisation Origins of Social Responsibility • Entrepreneurs recognised a responsibility to employees. This refers to an act of paternalism to act in a fatherly way‚ caring and taking responsibility • Josesph Rowntree – Paternalistic Chief Executive – provide generous medical and dental schemes. Not possible
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2010 Corporate Social Responsibility in Rural Development Sector: Evidences from India 139 Corporate Social Responsibility in Rural Development Sector: Evidences From India A. Manager (Sociology) RITES LTD. (A Government of India Enterprise) RITES Bhawan 1‚ Sector-29‚ Gurgaon-122 001 email: dr_sanjaypradhan@yahoo.co.in‚ akhileshranjan@rediffmail.com Sanjay Pradhan‚ Akhilesh Ranjan Abstract The paper attempts to explore Corporate Social Responsibility (CSR) practices particularly
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shareholders lose their investments‚ and societies lose key parts of their economic infrastructure‚ have you noticed that it often appears that the senior directors involved walk away with a clear conscience and they seem to be unaffected by the corporate collapses they have created. They present themselves as glibly unbothered by the chaos around them‚ unconcerned about those who have lost their jobs‚ savings and investments‚ and lacking any regrets about what they have done. Some of these individuals
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What is corporate social responsibility (CSR)? According to the ¡®Wikipedia¡¯ ‚ ¡°Corporate social responsibility (CSR) is a company s obligation to be accountable to all of its stakeholders in all its operations and activities with the aim of achieving sustainable development not only in the economical dimension but also in the social and environmental dimensions.¡±(en.wikipedia.org/wiki/Corporate_social_responsibility retrieved:10/09/07); another definition is that ¡°CSR is about how companies
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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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The example mentioned of the IBM proved a brand image building through corporate social responsibility. The other example of creating a positive brand image is of Marico. The Marico’s product Shanti Amla oil is the choice of lot of people and this has become a fastest selling oil brand due to the long term corporate social responsibility initiative i.e. commitment for the children education in our country. The company named the product “Nihar Shanti Amla” that means a humanity approach towards
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"The Narrow Road to the Deep North" is one of the most magnificent works in classical Japanese literature. Basho was on the road for over a hundred and fifty days‚ almost entirely on foot. Even today Basho is revered in Japan for having the courage to abandon the material comforts of the temporal life in favor of the spiritual rewards of a life unfettered by possessions. I respect people like Basho who was full of common sense. He has a character that was pure and penetrated by splendid emptiness
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ask ‘How much did they pay for their stake? There is only one constituency I am concerned about and that is the shareholders.” Do you agree or disagree with Dunlap’s view of shareholder primacy? Explain. I agree that one of the main responsibilities of the CEO is to provide value to shareholders‚ but that is not the only responsibility. The job of the CEO is much broader and encompasses the needs of the employees‚ customers‚ investors‚ communities‚ and the law. CEOs should also strive to create a
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Jayna Kovel World Theatre Greg Justice 07 November 2013 The View Unnerving. That’s the only way to describe walking into a dimply lit black box theatre to realize that the actor you have come to watch…is watching you. He’s acting‚ yes‚ but the whole premise of “The View” could not have been more clearly stated as we sat down to the crackle and pop of white noise in the background. In the tiny theatre‚ I couldn’t have been more than ten feet from what we were soon to learn was the main character
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MEMO To : Dr Janie Liew-Tsonis From : NurulJannah Binti Ismail Date : 6 March 2013 Subject: Three reasons for choosing UMS ========================================================= Choosing the right university is crucial. The main reason being‚ the right university provides you with the opportunity to grow and gain knowledge. First main reason‚ I choose to enter Universiti Malaysia Sabah is because I want to gain more opportunity and experience here. As we know Sabah situated on the
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