: Critically Evaluate Corporate Social Responsibility as an Ethical Tool Basing Some of Your Argument on the Toyota Case Study
What Corporate Social Responsibility is
Corporate Social Responsibility can be defined has an obligation beyond that required law and economics , for a firm to purse long term goals that are good for the society. This entails the continuing commitment by business to behave ethically and contribute to economic development while improving quality of the workforce and their families as well as that of the local community and society at large. Bhatia (2004) defined corporate social responsibility as a tool that encompass good business ethics and encourage enterprises to be involved in social issues such as community improvement, improving underdeveloped working conditions and so on that are outside walls of the enterprise. Aleix Ferrer Duch (2009) views Corporate Social Responsibility (CSR) as a continuous commitment by businesses to behave ethically and contribute to economic development while improving the quality of life of society at large. It is about enterprises deciding to go beyond minimum legal requirements and obligations stemming from collective agreements in order to address societal needs. Corporate Social Responsibility (CSR) does not have one particular definition as evidenced in the above definitions by different authors. Some define it as operating in a manner that meets or exceeds the ethical, legal, commercial and public expectations that society has of business; whereas other define it as doing business in an ethical way that respects people, society and the environment”(NEPALI 2008).
What Corporate Social Responsibility Mean
(Jeremy Moon 2004)views Corporate Social Responsibility as when business is conducted in an ethical way and in the interest of the wider community through responding positively to emerging societal priorities and expectations, this all should be done while they is a willingness of an entity to act ahead of regulatory confrontation,. balancing shareholder interests against the interests of the wider community and being a
Corporate Social Responsibility can be defined has an obligation beyond that required law and economics , for a firm to purse long term goals that are good for the society. This entails the continuing commitment by business to behave ethically and contribute to economic development while improving quality of the workforce and their families as well as that of the local community and society at large. Bhatia (2004) defined corporate social responsibility as a tool that encompass good business ethics and encourage enterprises to be involved in social issues such as community improvement, improving underdeveloped working conditions and so on that are outside walls of the enterprise. Aleix Ferrer Duch (2009) views Corporate Social Responsibility (CSR) as a continuous commitment by businesses to behave ethically and contribute to economic development while improving the quality of life of society at large. It is about enterprises deciding to go beyond minimum legal requirements and obligations stemming from collective agreements in order to address societal needs. Corporate Social Responsibility (CSR) does not have one particular definition as evidenced in the above definitions by different authors. Some define it as operating in a manner that meets or exceeds the ethical, legal, commercial and public expectations that society has of business; whereas other define it as doing business in an ethical way that respects people, society and the environment”(NEPALI 2008).
What Corporate Social Responsibility Mean
(Jeremy Moon 2004)views Corporate Social Responsibility as when business is conducted in an ethical way and in the interest of the wider community through responding positively to emerging societal priorities and expectations, this all should be done while they is a willingness of an entity to act ahead of regulatory confrontation,. balancing shareholder interests against the interests of the wider community and being a