with the externalities in the organisation‚ the drives of Adidas’s values and ethical approaches will also be assessed‚ including an overall conclusion based on my opinion of Adidas as a sustainable organisation. Corporate Social Responsibility (CSR) is defined by Carroll as being split into four possibilities‚”it is economically profitable‚ law abiding‚ ethical and Philanthropic” (Visser. W‚ 2005). Economic responsibilities is defined as being for profit purposes‚ managers focus is purely on the
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Bangladesh Bank is the Central bank of Bangladesh. It is the monetary authority of the country. It came into existence under the Bangladesh Bank Order 1972 (Presidential Order No. 127 of 1972) which took effect on 16 December 1971. Through this order‚ the entire operation of the former State Bank of Pakistan in the eastern wing was transferred to Bangladesh Bank. Bangladesh Bank has 9 branch offices‚ two in Dhaka city (Sadarghat and Motijheel)‚ and one each in Chittagong‚ Khulna‚ Rajshahi‚ Sylhet
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CSR REPORT 1. EXECUTIVE SUMMARY Sustainability reporting has become a commonplace for businesses that want to communicate with and engage their stakeholders. It not only helps organisation to set goals and measure performance‚ it also helps organisation to manage change in order to make their operations more sustainable. A “good” sustainability report delivers value‚ whether internal or external‚ to the business and its stakeholders. Too often‚ sustainability reports read like they were
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same thing to everybody.” (Votaw‚ 1972‚ p.25) and from my understanding of the concept‚ CSR to me is “The voluntary business activities within the boundary of law that contributes to the wider community for a more sustainable environment”. Since everyone has a unique interpretation of CSR‚ the range of relevant CSR practices across businesses has been quite diverse as there is no such thing as features of CSR (Marcel van Marrewijk‚ 2003). Rising environmental and social concerns in recent years have
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Assignment on AGRICULTURE OF BANGLADESH Submitted to: Asiquer Rahman Submitted by: Yakub Iqbal 2449 Rasel Mahmud 2464 Mahsinozzaman Shuva 2450 Mustafizur Rahman 2451 Nabila Munmun 2447 Shammi Akter 2418 [pic] Submission Date: June 3‚ 2010 INTRODUCTION: Agriculture remains the most important sector of Bangladeshi economy‚ contributing 19.6 percent to the national
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CSR and globalization Corporate social responsibility is at least in its name and formal recognition a relatively recent phenomenon. Yet‚ owners and managers of firms have engaged in activities that we would now consider CSR almost from the beginning of the industrial revolution (Davis‚ Whitman and Zald‚ 2006). But‚ until the 1990s‚ CSR was generally limited to corporate philanthropy. It is from the early 1990s that enlarged concepts and practices of CSR have come to the fore. What drove these
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Investing in CSR profitable to business? At any juncture when an organization goes past simply legitimate compliances and emphatically engages in activities that seem to more extensive social good which is for the most part outside the diversions of the firm and is more customized towards the more extensive social responsibility‚ the firm is said to have embraced the concept of Corporate Social Responsibility (CSR) (McWilliams et al.‚ 2006). The terms corporate social responsibility (CSR)‚ corporate
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This paper aims at explaining the overall importance of Corporate Social Responsibility (CSR) by explaining the theoretical basis of the triple bottom line concept (TBL). This concept assumes that sustainable development can only be achieved by simultaneous implementation of environmental‚ economical and social objectives. Furthermore it will contain a brief comparison of two companies with different CSR strategies. The Koninklijke Philips N.V. will be used to explain the social criteria of the
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higher quality and better prices of their products. Although it is an expensive coffee store‚ the price of their product is based on the quality they supply. However‚ Starbucks is fully engaged in providing everything in an ethical manner. In this article‚ Howard (2011) explains that the most important thing to Starbucks is “the key to that culture is the belief that people are more important than profits” (Howard‚ 2011). This paper will discuss the procedures put in place to ensure ethical behavior
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companies integrate Social and Environmental concerns in their business opearations and in their interaction with their stakeholders on a voluntary basis” ( European Commission 2001:8). European Foundation for Quality Management defines CSR as follows‚ “CSR refers to a whole range of fundamentals that organisations are expected to acknowledge and to reflect in their actions. It includes – among other things- respecting human rights‚ fair treatment of the workforce‚ customers and suppliers‚ being
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