resources which are mostly essential elements in maintaining the global ecological balance. Therefore‚ it is crucial for these forestry companies to consider measures on their corporate social responsibility while pursuing further development in this industry. This report first outlined the corporate social responsibility (“CSR”) issues that may arise from the investment in a privately–owned timber flooring company (the “Company”) in China. Then‚ it discussed in detail each strategic issue beyond
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In the second module‚ Organizational culture was discussed. It is said that culture is corporate personality. Culture includes the underlying values‚ beliefs and norms which govern the behavior of people as members of an organization. I have learned that it so important in an organization for it influences success of people in organizations and it is also considered as one of the six key strategic building blocks of successful organizations. There are five key aspects of culture and these include
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Lesson and a challenge for multinational corporations and the indigenous people in a ’ ’new ’ ’ Arctic Akureyri 26/02/2012 Answer: Over the past years‚there has been a shift by oil and gas companies to Corporate Social Responsibility(CSR).[1]CSR is a self regulatory policy whereof businesses monitor and ensure it actively complies with the spirit of the law‚ethics and international rules.In the case of oil companies‚ most have failed to effectively meet its economic
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Companies have a social responsibility to perform and behave in particular ways. A company has a responsibility to ensure that any stakeholder’s needs are being met. The Toyota Corporations history and goals are as follows; “Toyota Motors is a Japanese automobile manufacturer founded in 1933. Toyota accounts for 78 percent of all the hybrid gas/electric cars sold in the United States. They are working to become the largest car-seller in the world‚ and in the first quarter of fiscal year 2007‚ for
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Corporate Social Responsibilities Tony Fernandes‚ CEO of Kuala Lumpur-based Air Asia started a low-cost airline at a time when everyone thought he would fail. He placed high emphasis on his workforce and flexible HR strategies. During the past few years‚ Air Asia has become one of the best low-cost airlines in Asia and it has also boosted its CSR efforts. Fernandes’ basic sense of CSR starts with his people: Air Asia was one of the first airlines in Asia to hire female pilots. He says that his staff
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RESEARCH ARTICLE Social Responsibility towards Labour Welfare in Singareni Collieries Company Limited 1 P. Swapna* ABSTRACT This attempts at addressing the aspects of social responsibility of the business in light of labour welfare with special reference to Singareni Collieries Company limited. The linkages and the ethical considerations involved in employee welfare have been addressed with implications for labour welfare. The concept of social responsibility in its narrow contours has
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CORPORATE SOCIAL RESPONSIBILITY By Lori S. Mohr-Corrigan‚ For The Paper Store - © October 1999 VISIT www.paperwriters.com/aftersale.htm -- for more information on using this paper properly! Because society is fundamentally based upon performance and profit‚ it is not unusual to find that it is necessary to impart a sense of corporate social responsibility with regard to contemporary commerce. The ethical approaches of purpose‚ principle and consequence are integral components of business social performance;
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consistent management‚” M&T Bank demonstrates how doing ordinary business benefits society around them. M&T Bank’s policies on Equal Employment Opportunity (EEO) complete the necessary requirement of Mandated Actions under their scope of Corporate Social Responsibility. They state‚ “it is the policy of M&T Bank to provide equal employment opportunities – without regard to race‚ color‚ national origin‚ religion‚ ethnicity‚ sex‚ gender identity‚ age‚ disability‚ citizenship‚ pregnancy‚ veteran status‚
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business and society that does not treat corporate growth and social welfare as a zero-sum game. They introduce a framework allows business to identify the social consequences by their actions; to discover opportunities to benefit society as well as themselves by strengthening the competitive context in which they operate; to determine which CSR initiatives they should address; and to find the most effective ways of doing so. Perceiving social responsibility as an opportunity rather than as damage
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Introduction Trend towards triple bottom line reporting is undisputed. Especially for many public corporates‚ there is always a separate sustainability reporting when releasing the annual reports. For small and medium businesses‚ there is also information about social and environmental effects in annual reports‚ provided to stakeholders. But there are still many challenges‚ which impede businesses addressing triple bottom line reporting. This essay will briefly discuss the major challenges of triple
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