Critical Reasoning Individual Essay Assignment Corporate Social Responsibility (CSR) refers “the ethical principle that a person or an organization should be accountable for how its acts might affect the physical environment and the general public” (Jobber‚ D. & Fahy‚ J.‚ 2009). Nowadays‚ CSR programme is a global trend‚ which is encouraged by the government. It also helps the company in partnership and investment opportunities. On the other hand‚ CSR programme can enhance the company’s image in
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as “I can help those practical people see another dimension beside machines and theoretical principles‚ which is the truest taste of life where humanity and sympathy for their disadvantaged fellows come in”. Yes‚ it’s the feeling that Corporate Social Responsibility (CSR) gives to each person. Feeling good‚ feeling proud and feeling optimistic. Ever since CSR becomes one big part of every company‚ no matter they are big or small‚ a concern is raised whose answer is controversial: “CSR is from guiltiness
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With the recent corporate scandals involving such companies as Enron and Martha Stewart‚ the concept of corporate social responsibility (CSR) has once again made its way to the forefront of contemporary management ideologies. However‚ CSR itself is not a new concept. In fact‚ societies as far back as the Ancient Mesopotamians (circa 1700 BC) incorporated CSR in their businesses. "King Hammurabi introduced a code in which builders‚ innkeepers or farmers were put to death if their negligence caused
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Introduction Corporate Social Responsibility (CSR)‚ which started voluntarily in some companies‚ caught on with the corporate world over the last few decades. CSR became a norm as per few countries’ corporate governance codes. Many other countries are also contemplating inclusion of CSR initiatives as a standard corporate governance practice. It has become a competitive necessity rather than a nicety‚ which it used to be. Companies saw the benefit. Shareholders supported the initiatives. Stakeholders
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Corporate Social Responsibility in Microsoft Company When we are talking about software‚ technology‚ computers involving manufacturers‚ licenses and supports‚ what is the company that’s the most popular and operates efficiently? Of course it is the Microsoft Company. Microsoft thought that technology can create occasions and opportunities for many people and organizatiobs around the world. So‚ they developed new technology that releases creativity‚ productivity‚ and opportunity for more and more
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When it comes to corporate social responsibility (CSR)‚ Patagonia is the pioneer and poster child. Patagonia has found distinct ways to integrate product function with environmental values. Their business model raises a lot of money for environmental causes and their technological innovation reduces the environmental impact of their products. Since 1986 they have donated 10% of profits or 1% of sales‚ whichever is greater‚ to environmental efforts‚ and employees can take up to two
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Katelyn Anderson Corporate Social Responsibility Project – BA 342 FA14 Opening Alcoa is a global front-runner in lightweight metals technology‚ manufacturing and engineering. They are most popular for being a leading producer of primary and fabricated aluminum and are ranked 130 on the Fortune 1000. Alcoa revolutionizes multi-material resolutions that directly enhance global progression and expansion. Alcoa’s technologies improve means of automotive‚ commercial‚ air and space transportation. They
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Question 1 Corporate Social Responsibility (CSR) is going beyond compliance to the law. It is an obligation for a business to pursue long term goals that are good for society and it is about how a company manages its business to produce an overall positive impact on society. The triple bottom line of CSR encompasses three pillars‚ namely people‚ planet and profit. It encapsulates an extended array of components that measure that organisation’s performance‚ which are social‚ environmental and financial
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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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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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