Preview

Corporate Social Responsibility: Analysis

Better Essays
Open Document
Open Document
1181 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Corporate Social Responsibility: Analysis
Leadership, Ethics & Social Responsibility -­‐ Term 2, 2014 CSR Analysis Assignment Submitted by Arun Sareen: Student No. 599078

Leadership, Ethics and Social Responsibility: CSR Analysis Assignment Purpose of this research is to critically analyse and evaluate the corporate social responsibility (CSR) policies that the business Cotton On Group (COG) employs.

INTRODUCTION Corporate social responsibility is in place to ensure the business is accountable for the impact of business practices on the community and environment (Kotler & Lee 2005). COTTON ON GROUP Cotton On Group (COG) is an international business consisting of over twenty thousand employees in over one thousand stores internationally, therefore it is essential that COG employs and adheres to well-­‐defined CSR strategies. This ensures the business upholds its social, environmental and ethical responsibilities towards its vendors, employees, stakeholders, consumers and other affiliations with the business. This is reflected in the mission statement in which COG acknowledges “Our future success depends on us making responsible social and corporate decisions which positively impact the people we touch enabling them

You May Also Find These Documents Helpful

  • Good Essays

    Company Q Task 1 Est1

    • 905 Words
    • 4 Pages

    Corporate social responsibility has become a topic of concern for many businesses. Businesses are striving to meet sales and profit goals, yet at the same time have a positive impact on society. The reason for this is that customers, investors, employees, government agencies, and communities are all influenced by business, yet they all have the ability to influence and impact businesses as well. A company’s reputation is at stake when it comes to being socially responsible, and many companies have developed a plan that ensures they are being socially responsible while still meeting their sales/profit goals. This paper will evaluate Company Q’s current policies and attitude and make recommendations to improve them towards social responsibility and in turn increase their bottom line.…

    • 905 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The company has an opportunity to improve its social responsibility and turn what it views as issues into positive interactions with the community. The company should consider implementing the following plans:…

    • 739 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Company Q is an organization working to achieve the goal of generating the most possible profit. The attitude of company Q toward social responsibility however, is an area that needs focused improvement. Based on the description provided the company uses a numbers only approach to decision making. There are intrinsic and fiscal benefits of applying a social philanthropic ethic that should be evaluated. Improvement of company Q’s application of social responsibility could be achieved by developing systems to ensure inventory integrity with community donations, reacting more effectively to the desires of customers, and considering a business model based on more than just profit.…

    • 727 Words
    • 3 Pages
    Good Essays
  • Better Essays

    The first two initiatives detail the company’s views on climate change and human rights and how they relate to its business and its clients. Citi has made serious attempts to incorporate “green” and energy saving policies into its business practice. Major initiatives in 2006 included the following:…

    • 1402 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Company Q and Social Responsibility Social responsibility is a key attribute for businesses in the market today. When consumers look to spend their disposable income, they look for businesses that not only offer the right product, at the right price, but that also offer great service. Great service can include anything from friendly employees to community involvement. That is where social responsibility becomes apparent in a company’s ethics and values. If a company has a strong tie to the community and demonstrates social responsibility, their consumers will consider this a positive quality and it will separate them from the competition. In this case study with Company Q, they are lacking in the area of social responsibility. There are three major areas where the company can immediately make positive changes to improve their social standing in the neighborhoods where they operate. Making these changes and becoming more socially responsible is crucial for this company to see longevity as a business and to increase their market share. They will eventually lose patrons and income if they are not careful with how they manage their company’s interaction with their community. The first area for them to review is the closing of stores in high crime areas. Company Q has cited the reason for closing these stores as low sales and lost revenues in that area. Closing these stores has negative impacts on the company image. Consider the employees that are now without work. Even the extended community could view Company Q as the “bad guy.” It can be displayed as an attitude that the company cares more about the bottom line than the people in the area that would potentially be supporting the company. To improve in this area, Company Q should be challenged to interact with the community to determine why their sales are lower and what products would be beneficial to the neighborhood. Since the neighborhood is not as affluent as…

    • 859 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Primark's Irresponsibility

    • 2638 Words
    • 11 Pages

    Many companies fail to imply a good effective CSR to a business and this can have an overall effect on the company’s process. CSR is basically for a company to have an overall positive impact on the environment, consumers, employees, stakeholders and communities. I will be discussing and implying sources and concept to my chosen company Primark and discuss where they failed to add CSR to their company. A good use of CSR in a company can be the fulfilment of social or environmental goals, as opposed to a business that tries to achieve its financial goals while minimizing any negative impact on society or the environment. These businesses are called Social Enterprises.…

    • 2638 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    In recent years, Corporate and Social Responsibility has become an ever increasing concern and source of community debate. It is now socially accepted that corporations have some ongoing responsibility, though sometimes ignored, to set a good example, make decisions based on social good and on ensuring positive environmental practices.…

    • 1006 Words
    • 5 Pages
    Good Essays
  • Good Essays

    What are the arguments for and against the concept of corporate social responsibility? Where do you stand, and why?…

    • 625 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Ethics are a collection of principles of right conduct that shape the decisions people or organizations make.…

    • 719 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Yayasan Sime Darby’s activities are guided by a policy of non-discrimination, to ensure that the funds at its disposal benefit all deserving parties.…

    • 848 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    DIRECTED

    • 424 Words
    • 2 Pages

    You witnessed an accident. The police officer has asked you to make a report. Use the points given below:…

    • 424 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Two main theories dominate discussion of corporate responsibility: stockholder theory and stakeholder theory. Stockholder theory maintains that profit for stock owners represents the main moral obligation of the corporation. Stakeholder theory takes the view that groups other than the stockholders, such as the community at large, have a vested interest in the management of the corporation. The types of corporate social responsibility typically align with the stakeholder theory that corporations have responsibilities beyond profit.…

    • 428 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Ramon V. del Rosario: Ramon V. del Rosario Sr. at the formal launch of the AIM-RVR Center…

    • 14216 Words
    • 101 Pages
    Good Essays
  • Good Essays

    To say that low living standards, poverty, unemployment and social development should be a responsibility of corporations is preposterous. Corporations have the sole responsibility of making their shareholders money, and in turn, making themselves money. In recent years, with advancing technology and scientific research, corporate social responsibility has becoming a talking point. Holding corporations responsible for their waste and pollution makes sense, in that those pollutants or waste would not affect others if the corporation were not in existence. Holding them responsible for the well being of their employees and their working conditions makes sense, in that the corporation directly affects the lives of its employees. But to force corporations to play a role in bettering the lives of the population in general is not fair. Poverty and poor living standards have and will always be in existence. These conditions, while painful to see, are a result of many, many variables in the poor individuals’ lives.…

    • 543 Words
    • 3 Pages
    Good Essays
  • Good Essays

    1. We figured out that Insular life foundation geared towards education for the Filipinos, we would like to know why you chose education as a basis for your CSR program? When did the foundation founded?…

    • 910 Words
    • 4 Pages
    Good Essays

Related Topics