ABSTRACT "THE FIRST CONCERN OF A COMPANY IS THE HAPPINESS TO PEOPLE CONNECTED TO IT." The modern scenario is no longer based upon the ethics of past‚ the competitive revolution among the organizations has changed the perception of employees. The technology savvy producers have kept many welfare options infront of the employees‚ which have attracted employees to work and to adopt the culture. The options which got created by the employees or by the organizations set a benchmark infront of them
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Corporate social responsibility -pros and cons CSR which stands for corporate social responsibility which is also known as corporate citizenship‚ corporate conscience and responsible business. 2. Different organisations have framed different definitions – but in a nutshell CSR is about how companies manage the business processes to produce an overall positive impact on society. It is like giving back to the society. 3. CSR working would go beyond monetary donations to involvement in actual planning
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BULDING SOCIAL BUSINESS Social business is a non-loss and non-dividend company dedicated entirely to achieve a social goal. Muhammad Yunus‚ a Bangladeshi banker. Economist‚ founder of Grameen bank and Nobel Peace Prize recipient explains in his book what social business is and how it can help the development of our communities. Yunus‚ previously was a professor of economics where he developed the idea and concepts of micro-credit and micro-finance. In the early seventies‚ Bangladesh was in a terrible
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NIKE Social Responsibilities in Southeast Asia Contents Introduction 1 Thesis 1 Key Topics 2 Topic 1 2 Topic 2 4 Topic 3 6 Conclusion 8 Reference Page 9 Figure 1: From NIKE’s FY1999 through FY2013 their Gross Profit has more than tripled‚ from $3.51B to $11.55B. 2 Figure 2: The original prototype Nike running shoe with the waffle tread pattern. This was the first of many innovations for the company. 3 Figure 3: Nike manufacturing facility in Vietnam. The employees work 10 hrs a day 6 days a
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Introduction Corporate Social Responsibility represents not just successful enterprise but also thinking on social andenvironmental aspects. Corporations must include the social and environmental aspects to the activities which leadtowards making profit. Corporate Social Responsibility answers the requirements of both the customers and personswho are co-operating with them in business activities. Corporate Social Responsibility positively affects the whole of society and regulates its impact on
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Behavior and the Social Responsibility of Organizations Table of Contents: Introduction ……………………………………………………………………….. 4 Defining Ethics …………………………………………………………………….. 5 Defining Social Responsibility …………………………………………………….. 6 Social Responsibility of Organizations to Internal Beneficiaries Social Responsibility to Employees ……………………………………………… 7 Social Irresponsibility to Employees: Wal-mart …………………………………... 8 Social Responsibility to Shareholders
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created in 1972 (“Nike” after the Greek goddess of victory). The company was renamed Nike in 1978‚ and has grown to be the largest worldwide seller of athletic goods‚ with approximately 19‚000 retail accounts in the United States and about 160 countries around the world. Nike’s main popularity came from celebrity athlete sponsors. As the popularity of the Nike product grew‚ so did its product demands and the need to produce more apparel to meet the demands of customers. In contrast to its meteoric
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Social Responsibility‚ some may say it is and organization’s duty to behave in an economically and environmentally sustainable manner. Well‚ there is more to it than just that. There are four key theories or guidelines that must be followed to maintain a status of good social responsibility. A company has one a duty to its shareholders‚ two the duty to maximize profit and avoid harm‚ three a responsibility to its employees and others who may be dependent on that specific company‚ and last but
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Corporate Social Responsibility in the Textile Industry International overview Michiel van Yperen Amsterdam‚ 2006 IVAM research and consultancy on sustainability Roetersstraat 33 - 1018 WB Amsterdam - Postbus 18180 - 1001 ZB Amsterdam Tel. 020-525 5080‚ Fax 020-525 5850‚ internet: www.ivam.uva.nl‚ e-mail: office@ivam.uva.nl I N T E R N A T I O N A L O V E R V I E W C S R I N T H E T E X T I L E I N D U S T R Y 1 Contents 1. CORPORATE SOCIAL RESPONSIBILITY (CSR) 2 1.1 Introduction to
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that obligation of business is to maximize long term profit for shareholders in a sustainable way‚ while others call them to involve more to social responses. Each judgment has its own reasons which this research sought to analyze. Based on that‚ certain social obligations of business will be addressed with evidences‚ showing their necessary of being more responsible to social outcomes. Key words: corporate social obligation‚ shareholders‚ corporate profit‚ social responsibility Introduction
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