Introduction: With the rapid development of cross-border industry and increasing number of international trades‚ the corporate social responsibility requirements of a multinational enterprise has reached a height that had never been before. And the acceleration of global warming raised people’s awareness of the necessities of the environment in certain degree. However‚ the lessons the managers learnt from those incidents that damaged or polluted the environment happened in the past‚ was not able
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Journal of Sponsorship Volume 2 Number 1 Legal and regulatory updates The lessons learned from football: Sponsorships‚ contracts and ‘right of first refusal’ Ronald R. Urbach Received (in revised form): 8th August‚ 2008 Davis & Gilbert LLP‚ 1740 Broadway‚ New York NY 10019‚ USA; Tel: 1 (212) 468 4824; E-mail: rurbach@dglaw.com Ronald R. Urbach is Co-chair of the Advertising‚ Marketing and Promotions Department of Davis & Gilbert LLP. Regarded as one of the leading advertising and marketing
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BUILDING A CSR INDEX In our CSR index‚ companies would be judged in 6 key assessment areas. Not only should the company have formulated goals or CSR targets but also achieved them within the stipulated period of time for a maximum score. The 6 key assessment areas are as follows: ASSESSMENT AREAS 1. ENVIRONMENT: This assessment area includes the physical surroundings in which the company operates including waste disposal techniques‚ energy saving initiatives‚ or climate change. POINTS OF
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Table of Contents 1 Background Corporate social responsibility‚ or CSR‚ has always been fascinating to me‚ companies giving back to the society to create a better world. A lot of what I have read in the topic of CSR is the companies that get universally hailed by the people for doing good‚ but how about companies that is often in negatively spotlights? Companies that are creating products that harm peoples well being‚ destroying the environment or even leads to people’s death. I wanted to broad
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Corporate Social Responsibility (CSR) has progressively become known as a germane issue in the corporate world for the past decade. Making the world a better place‚ socially and environmentally‚ is a global accepted phenomenon. According to Porter & Kramer‚ 2006‚ “corporate social responsibility has emerged as an inescapable priority for business leaders in every country.” The objective of this review is to discuss benefits of CSR on the hotel industry. What is CSR? Corporate social responsibility
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Ethics and CSR Chapter 9 Ethics Connock and Johns (1995) define ethics as the following 3 elements; • Fairness • Deciding what is right and wrong • Practices and rules which underpin responsible conduct between groups and individuals Billington (2003) lists five distinctive features of ethics; • Nobody can avoid ethical decisions‚ we make ethical decisions every day of our lives • Ethical decisions matter‚ they affect the lives of others • Although ethics
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by being aware of the effects of their activities in the community and take measures to control them because this can affect the community and the environment by polluting the air‚ destroying the ecosystem‚ over using natural resources and so on. CSR is often called corporate citizen which means that companies should be good neighbors of the community not to work against it but collaborate with the citizen or the society in order to increase their welfare‚ to make a community a better place to live
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Introduction: - Sam Walton founded Wal-Mart in the year 1962. He started as a small store‚ which served cheap products to the local people. (Hamilton‚ 1976) Gradually Wal-Mart became big in America and soon due to globalization the Wal-Mart expanded to many countries now. They give importance to the price strategies. They follow the concept called “Everyday Low Pricing”. (Richards & Hamilton‚ 2006) This is the reason for their success as world’s number one retailer. It employees around 2.2 million
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INTRODUCTION Corporate Social Responsibility (CSR) has been defined as many things lately. Simply put‚ it is the commitment of a business or company to continuously upgrade its processes‚ systems‚ products and services by behaving responsibly and creating value for local communities they operate in‚ and by enabling its employees‚ existing and potential customers to improve their standards of living. Companies are said to be able to achieve their business goals in a transparent & ethical manner
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2 Business case of CSR Abstract On the tracking thread toward understanding the concept and aspects of a sustainable business in this course‚ the inclusive wide concept of corporate social responsibility is an key approach which feeds sustainable development pattern. This paper aims to look at the CSR concept in relation to business case issue and argue the business case of CSR in different positive or negative perspectives. Reflection on business case of CSR Social corporate
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