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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Arguments against Corporate Social Responsibilities. As we have seen there are a lot of advantages of using Corporate Social Responsibilities‚ however there are points of view that CSR makes negative affect on the company. We will try to explain main disadvantages about CSR below. Some companies are using CSR‚ only because they want to show the seriousness of the business and care about service or product that they produce‚ but in fact they not really carrying about the way the product come to
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What is Corporate Social Responsibility and how could this influence the organizational behavior of “BreadTalk”? Corporate Social Responsibility refers to a company’s sense of responsibility towards the community and environment in which it operates. Companies express this citizenship through their waste and pollution reduction processes‚ by contributing educational and social programs‚ and by earning adequate returns on the employed resources. CSR is also considered as a strategy to create‚ develop
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Business ethics and corporate social responsibility have become an increasing area of focus for organizations today. However‚ this has not always been the case in the American business environment. Chapter three "Conducting Business Ethically and Responsibly" (R.W. Griffin & R.J. Ebert‚ p.56 - p.87) concentrates on the development of ethical codes of conduct as it relates to business. The chapter also focuses on the social responsibility an organization holds in relation to everyday decision making
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Corporate Social Responsibility (CSR) is a sense of duty that every organisation is required to uphold. A set of principles‚ which an organisation adopts‚ shows that they are socially responsible towards the society that supports them. Organisations should take the Triple Bottom Line (TBL) concept into consideration to ensure that they are not doing anything that is morally unacceptable to the society‚ environment or economy. TBL is measured in terms of people‚ planet and profit otherwise known as
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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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Company makes in relation to business ethic and social responsibility. Among the stakeholder affected are the employees this is because ethics and social responsibility are all about comportment in mind the full weight of any corporate verdict. Employees are affected by the decisions the company makes and a social responsibility the company is involved. Macy‘s performance in terms of business ethics‚ in a scale of 1-10 it 8/10 .Social responsibility in a scale of 1-10 it 10/10‚ with so much involvement
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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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A Study of Corporate Social Responsibility Starbucks Introduction Business is a part of the total society in which it operates. As a major element of society‚ businesses affect people in multiple ways. Society‚ In turn‚ influences the conduct of business. Company History The story of Starbucks begins in Seattle in the year 1971‚ the first store opened its doors in the Pike Place Market.In 1982 Howard Schultz joins Starbucks ans the director of marketing and retail.He develops a plan to develop
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