NIKE AND ITS APPROACH TO CORPORATE RESPONSIBILITY Nike is building a new approach to corporate responsibility (CR) that consider how it can harness the power of its business to influence social and environmental change‚ and the power of that change to help its business grow. Nike is made up of many smaller business units as well as functions‚ regions‚ distinct profit and loss centres and the like. As of 2006‚ its over acting goal was to see each and every business unit incorporating CR goals into
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Hong Kong has the responsibility to reward the citizen in need with the profit they earned from the market. Nowadays‚ many people in society expect organizations or enterprises to be socially responsible to the society‚ which is called “social expectation”. The company can sense what society’s needs through the three level of social expectation so that knowing how expectations condition can give insights into the society’s every level. Under the socioeconomic view‚ the social expectations are
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Corporate Social Responsibility: What Went Wrong at GlaxoSmithKline? When London-based GlaxoSmithKline (GSK) paid a $750 million dollar settlement as part of a plea agreement that required it’s Cidra‚ Puerto Rico subsidiary SB Pharmco to plead guilty for knowingly selling contaminated medicine‚ it laid to rest any doubts that its business practices were in direct conflict with its commitment to both quality and to creating a strong ethical culture. There are‚ nevertheless‚ important issues
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among those involved and some who were not involved in CSR activities at Infosys. CSR Activities at Infosys All surveyed respondents acknowledged the increasing importance of CSR to a company both from the image and goodwill point of view as well as from the responsibility they believed a company had to the society. However a number of the respondents were not aware of the initiatives being carried out by Infosys except for passing mention in mails and newsletters of the company. Inferences drawn Infosys
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David Maes Hayley Sondergaard Mariann Sajtos 2013 Anders G. Hansen Christoffer Hass Mátyás Hulik David Maes Hayley Sondergaard Mariann Sajtos Corporate Social Responsibility and Sustainable Development in the paper industry Corporate Social Responsibility and Sustainable Development in the paper industry Corporate Social Responsibility and Sustainable Development in the paper industry Name and address of the authors * Anders Garlev Hansen (PB3) ___________________________ Øsdalvej
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Explain how Social Responsibility’s conceptions of freedom‚ morality and duty differ from those of libertarian theory. Which theory fits your understanding better and why? Firstly‚ social responsibility gives enough freedom to the media. However‚ expect it to act responsibly in its news report‚ act as watchdog to the society. Secondly‚ social responsibility theory mainly leads itself in a free circumstance of media area but there is a limitation to show its duty. Social responsibility requires the
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Maruti extends corporate social responsibility initiative to shop floor Rica Bhattacharyya‚ ET Bureau Mar 5‚ 2013‚ 05.00AM IST Tags: SY Siddiqui| Maruti Suzuki India| Maruti Suzuki| Gurgaon| graduate engineer trainees| e-parivartan| corporate social responsibility| anti-malaria campaign (As part of the initiative…) MUMBAI: Maruti Suzuki India‚ the country’s largest carmaker‚ is extending some of its corporate social responsibility (CSR) activities
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Explain with examples what is meant by Corporate Social Responsibility and discuss why it is important to modern business In today’s world‚ Corporate Social Responsibility (CSR) has been one of the topics that every company must be concerned with. It is usually viewed as a legal obligation for every company to create social benefits alongside with the profit gains (Peng and Meyer 2011‚ p.297). CSR is a crucial factor for our society and environment. If there is no campaign to encourage us to
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CG is concerned with holding the balance between economic and social goals and between individual and communal goals. The governance framework is there to encourage the efficient use of resources and equally require accountability for the stewardship of those resources. The aim is to align as nearly as possible the interests of individual corporations and society. * Shifting focus only on economic concerns to include social concerns. * Reliance on CG mechanisms – board of directors &
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Role of Higher Educational Institutions in Corporate Social Responsibility By Ms. Susan Abraham Assistant Professor‚ SCMS School of Technology and Management‚ SCMS Campus‚ Muttom‚ Aluva ’ 683106 Email: susan2112@gmail.com Phone: 9495114276 Abstract Higher educational institutions in India have been contributing to the knowledge base of our country. They have been enrolling students at the rate of 10 percent in the year 2007. Privatisation of these institutions has brought in
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