Preview

Crm Methodology

Good Essays
Open Document
Open Document
283 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Crm Methodology
Methodology The research methodology required gathering evidence that exemplified the advantages and disadvantages of implementing an employee volunteer program at Challenger Enterprises. The research obtained is an insight to the types of programs that other leading companies have created and the way that it heightened company image. Though employee volunteer programs require time and dedication, through systematic planning, Challenger Enterprises will be able to obtain new business, enhance customer relationships and most importantly, gain a good reputation. The research on corporate social responsibility was obtained from academic journals and articles. For example, the article titled, “The Costs and Benefits of Corporate Social Responsibility,” by Kaeokla, Pompipat, Jaikengkit, and Aim-Om provides information about how corporate social responsibility (CSR) programs have benefited companies in terms of increased profit and image. Many other academic journals, cited in the reference page, also distinguish the benefits that employees obtain from CSR programs and how this also benefits the overall company. According to “Everyone’s a Winner with Ford of Canada’s Employee-Volunteer Program,” companies should attempt to reach triple reciprocity from their CSR programs. Triple reciprocity means that the company, the employees and the communities all benefit from the programs implemented. By attaining triple reciprocity, the company will then be able to obtain these benefits. The articles acquired for this research paper have all pointed out the types of advantages from implementing CSR programs. For example, obtaining new business, increasing relationships with customers, suppliers, and employees, helping the planet, helping society, being environmentally friendly, increasing company profit, increasing cost savings, becoming a role model, and becoming an employer of choice are all reasonably obtainable goals. By starting a CSR

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Crm Research

    • 379 Words
    • 2 Pages

    Explain the Supreme Court standard of the ultimate seizure, “i.e. deadly force as determined in the case of Tennessee v. Garner…

    • 379 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Canadian Tire Case Study

    • 864 Words
    • 4 Pages

    CSR strengthens brand loyalty. Consumers that value CSR will view a business more positively, and as a result their positive opinions will cause them to be more loyal to the brand. These same consumers are also likely to share these positive experiences and opinions of the company through word of mouth; an effective form of advertising. Part of being CSR is ensuring the well-being of workers. If the workers and staff are happy and safe, they are more likely to increase productivity. Being CSR also forms better public relations, particularly if it believed to be sincere. When a company is CSR they have a competitive advantage. If the opposite is true and the competition is CSR, being CSR can help them to stay competitive, instead of being at a disadvantage. These benefits, however, do not come without their drawbacks. It is costly to participate in CSR, both money and effort wise. Becoming CSR is like an investment, and not all companies have the necessary liquidity to do so. The benefits of CSR also tend to come gradually. As a result, for some companies, these long-term benefits are not desirable because they want immediate results. Without the necessary time, money and patience, participating in CSR could actually harm a business. Being CSR may also deviate from the focus of a business. CSR initiatives must be carefully planned and executed to ensure positive results and good public relations. Even for companies who can afford to be CSR, like Walmart, could face more drawbacks than benefits. The structure of the business and its profits are essentially founded on behaving socially…

    • 864 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
  • Powerful Essays

    Stockholder vs Stakeholder

    • 23180 Words
    • 93 Pages

    * Visser, W., D. Matten, M. Pohl, Nick Tolhurst (eds.) (2008). The A to Z of Corporate Social Responsibility. Wiley. ISBN 978-0-470-72395-1.…

    • 23180 Words
    • 93 Pages
    Powerful Essays
  • Good Essays

    Crm Case Study

    • 429 Words
    • 2 Pages

    CRM is short for communication relations management, it is a model for managing a company’s interactions with current and future customers. When a city department is contacted for help CRM infrastructure behind the answers they receive. The CRM provides calls to be routed to the right person and then follows up to confirm that action was taken. It provides a full view of a customers data by allowing a database to be created of problems and solutions, so that changing trends can be addressed.…

    • 429 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Individual Project

    • 642 Words
    • 3 Pages

    There are many reasons why Social Responsibility is important to any company that is built on ongoing success. “Good things do happen to good people”. (Taylor, 2010). Corporate Social Responsibility can make ALL the difference to a company’s competitive position. Initiatives such as pro-bono work, philanthropy, support for community-building initiatives and environmental awareness can add significant value to your company, and if the program is well designed, the benefits far outweigh the costs.…

    • 642 Words
    • 3 Pages
    Good Essays
  • Best Essays

    The principles and practices of CSR have been the focus of great attention and examination in the management literature for over three decades. Similarly, for…

    • 3830 Words
    • 16 Pages
    Best Essays
  • Powerful Essays

    Starbucks Thesis

    • 12047 Words
    • 49 Pages

    for CSR motives is briefly introduced. This gives an overview of why companies engage in CSR…

    • 12047 Words
    • 49 Pages
    Powerful Essays
  • Good Essays

    Company Background The official name the company is Mitsubishi Motors North America, Inc. Until the late 1990s, Mitsubishi Motor Sales of America Inc. was only about cars.The parent company is Mitsubishi Motors Corporation (MMC), which is a Japanese company with German-American alliance partner and is a multinational manufacturer and distributor of automobiles, buses, parts and power-trains. Customer Relationship Management (CRM) CRM is a cross functional enterprise system that integrates and automates many customer serving processes in sales, marketing, and customer services that interact with a company’s customers. It also creates an IT framework of Web-enabled software and databases that integrate these processes with the rest of the company’s business processes. CRM helps companies to become customer-focused businesses. Why did Mitsubishi Motor decide to implement CRM?     Executives felt that company lacked a customer focus. Customer service was very poor More than 18 service lines customers had to navigate to get help. Customer service department was costly and inefficient.…

    • 791 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Csr Breadtalk

    • 507 Words
    • 3 Pages

    Mr Koh Juan Kiat explained that adopting CSR brings intangible benefits such as a good reputation for the company, high morale among employees and improved performance and attracts investors. Employees will also take greater pride in their company and this will affect productivity (Tay 2009). A enterpise, which has the ambitious goal, will attempt to bulid the CSR programs to arrive win-win. The enterpise can make the use of reputation for CSR programs to promote corporation's strength or earn money, and the society can be gained the contributions by these CSR programs.…

    • 507 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Fgdfgdfgdfgfg

    • 6518 Words
    • 27 Pages

    this article is to provide some guidance for organizations that wish to assess the benefits and costs of CSR.…

    • 6518 Words
    • 27 Pages
    Powerful Essays
  • Good Essays

    Related Literature on Crm

    • 553 Words
    • 3 Pages

    According to Gartner Inc., the provider of research and analysis on the global information technology industry, the estimated size of the CRM software market in Europe, the Middle East, and Africa was approximately $2.3 billion in total software revenue in 2006. The forecast indicated that the market will have an annual growth rate of 11.3%, which will result in revenue of approximately $3.9 billion by 2011. Companies based all over the world are developing their own approaches to the CRM business strategy in order to increase their efficiency and effectiveness in operations. With the wide spread of CRM, problems and issues examined in this study are apparently not unique to the U.S.…

    • 553 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    CSR is an important issue for companies in this day. In the past, many companies just put their eyes on their profit. They little considered social responsibility. In recently years, some experts point out that CSR can help corporations to make business growth. Within CSR, corporations will put social responsibility in front of making profit. Trough having CSR, they will consider their customers more and therefore, the products, services etc. will be made a lot of improvement. Employees are also more responsible for their customers and the company (Hsu Cindy, 2008). Hence, it has become a strategic issue for the companies and affects them to do business. Many organizations have rebrand CSR into their core value (Sharama S, Sharma J, Devi A, 2009). However, in the other hands, some researches disagreed with CSR and pointed out its disadvantages (corporate watch report, 2006). For example, CSR may cause additional cost to business, and the explicit costs of corporate social responsibly are minimal (Moskowitz, 1972). If CSR can affect a corporation, it can also make impact in industries.…

    • 2065 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Analytical Crm

    • 814 Words
    • 4 Pages

    1. Customer earning income in the range 58000 to 90000 would mostly be in the professional, management and skilled manual occupation.…

    • 814 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Crm - Definition and Uses

    • 1583 Words
    • 7 Pages

    CRM kan opfattes som en disciplin, hvor der udelukkende er fokus på styring af salgs- og marketingaktiviteter over for kunden. Det har gennem tiden udviklet sig fra at være en simpel registrering af kundedata (telefonnumre, adresser, navne) til at være en forretningsmæssig disciplin med ”fokus på den individuelle kunde fokuserende på marketing, salg og service” [1]. Mange har historisk sat lighedstegn mellem CRM og IT-systemer, men dette er en meget smal og begrænsende fortolkning af begrebet.[2]…

    • 1583 Words
    • 7 Pages
    Powerful Essays