results towards business‚ environment and society (CSR Singapore Compact 2005). Implementation of corporate social responsibility concept within the businesses means the businesses will always try their best to give positive outcomes to the society‚ which give satisfaction to the people and may build a good reputation to the company. The three main responsibilities and roles usually discussed are in the perspective of business‚ social and environment (CSR Singapore Compact 2005). Despite the fact that
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supermarket group‚ Kings Super Markets. The company is structured in business units covering food and general merchandise. The general merchandise unit is further divided into women’s clothing‚ menswear‚ lingerie‚ beauty and home. These units all contribute to the company’s vision ‘to be the standard against which others are measured’. Central to the running of these units are the values of M&S. These include quality‚ value‚ service‚ innovation and trust. Each business unit develops its own CSR strategy
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Introduction This essay will evaluate the growing importance of Corporate Social Responsibility (CSR) and how this concept impacts on an organisations business environment. In particular the essay will look into WM Morrison’s stance on CSR and how this impacts the way they conduct business. Greenberg (2003) defines Corporate Social Responsibility (CSR) as ‘Business decision making linked to ethical values‚ compliance with legal requirements and respect for individuals‚ the community at large
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journal‚ “the evolution of Corporate Social Responsibility (CSR) and the concept of Corporate Sustainability (CS) have converged resulting in a similar objective of achieving the balance between economic prosperity‚ social integrity and environmental responsibility” (Alec‚et al.‚ 2011). CSR is the concept coined to describe how organizations now consider the welfare of the people by being responsible for the impact of their activities on all groups of people involved and affected by their business‚ (ie
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Hopkins (2003) stated that Corporate Social Responsibility (CSR) “is concerned with treating the stakeholders of a company or institution ethically or in a responsible manner.” The fundamental role of any organisations is to protect all stakeholders; within or outside the company while keeping in mind the main reason for undertaking business activities; making profits. INTRODUCTION In 1970‚ Friedman stated that Corporate Social Responsibility (CSR) “hypocritical window-dressing”. Friedman (1970)
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Business Ethics & Corporate Social Responsibility of “SONY Corp.” Index SR NO. CONTENT 1. INTRODUCTION 2. BUSINESS ETHICS 3. CSR ACTIVITIES 4. CONCLUSION Business Ethics Business ethics is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire
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Actually‚ our first choice was Pixar. Recently this company became the most famous animation company in the world‚ but other groups also chose it‚ so we had to change. We researched about successful cases in enterprise management and uniqueness. Finally we found a company‚ Benetton‚ which fits our requirements. Benetton is well known as a big company in fashion‚ but its beginning was very shabby and unique in character‚ and history. Benetton is a typical family business. Four Benetton brothers
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Business ethics and CSR Introduction In the past time‚ the majority of enterprises regarded business ethics as internal regulations to comply with the rules of legal standards(Trevino and Nelson‚ 2010). However‚ the condition changes in modern times. Business ethics is more and more important to identify what it is right or wrong during the process of working or trading and so on(Wheelen and Hunger‚ 2011)‚ which is closely related to the interests of stakeholders. Under the background‚ many companies
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filings‚ and company websites. Why should the company engage in CSR "I believe that we have an obligation to serve our communities. Our philanthropic work helps our communities prosper while fostering FactSet’s spirit of teamwork and giving." -Phil Hadley‚ Chairman and CEO Mission: Strengthen the communities in which we live and work through charitable projects and giving. There is a prevailing culture in the organization which is CSR-friendly. In fact‚ there are teams put up to take care of such
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Ethics and corporate Social responsibility:- Ethics is defined as what is right and what is wrong. Every business should behave ethically. The moral principles that guide the way a business behaves are business Ethics. Ethics are moral guidelines to people or to an organisation which govern good behaviour. So behaving ethically is doing what is morally right. Doing an ethical business may always be not profitable but it will be more beneficial to company and the people involved in company as well
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