Research Topic 1.0 Topic A study of corporate social responsibility and its benefits in Starbucks. 2.0 Rationale CSR is one of the most popular issues in companies today. It not only affects society but also the company in a positive way. Most top companies practice some sort of CSR. CSR can be practiced in a variety of ways and we will look into these different methods in this project. 2.1 Company Background Starbucks is based in Seattle‚ Washington but have grown and have outlets
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Deontological theory claims that someone acts out of duty not because it makes you feel better. In this theory the duty is defined by many sources like religion‚ language‚ metaphysics‚ biology‚ culture and psychology. Immanuel Kant’s ethical theory is deontological. He perceives moral duties as the law‚ unchangeable and firm. (www.pages.drexel.edu) Teleological comes from the Greek word telos meaning “end” and logos meaning “science”. (www.britannica.com) Teleological basically describes the theory that
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CSR AND COMPETITIVE ADVANTAGE Corporate social responsibility (hereinafter CSR) has become one of the central issues on the agenda of organizations today‚ but is still a long way from being a centre stage on corporate strategy (Smith‚ 2003; Stewart‚ 2006). One of the key problems is the lack of understanding about the impact CSR has on competitiveness (Porter and Kramer‚ 2006). There are many studies trying to analyze the relationship between CSR and financial performance (Chand and Fraser
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Ethical Egoism is the ethical theory which states that all actions ought to be done either solely/ultimately for the sake of self interest. The criterion of rightness is what is morally right is what is good for the agent. The decision procedure would be that the agent must determine‚ in some way‚ what is good for him/her‚ and then do that. So‚ an act is right if and only if it brings the best consequences for an individual. Therefore‚ the action that is to be done is the action that is only to
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Earth Our most important stakeholder Dabur India Limited Business Responsibility Report 2011-12 SEBI has mandated to submit report on ‘National Voluntary Guidelines on Social‚ Environmental & Economic responsibility of Business’ as issued by the Ministry of Corporate affairs‚ which requires businesses to embrace ‘People‚ Planet‚ Profit’ approach in a sustainable manner. For this‚ 9 Principles with their respective Core Elements are suggested to be implemented in the core business processes
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the profitability and take care of all those associated with their survival in the society directly or indirectly. This realization resulted into the concept of Corporate Social Responsibility (CSR). This research paper moves around developing an understanding about the corporate social responsibility (CSR)‚ delving into its concept and finding out its scope taking the case study of the TATA Group under Mr. Ratan Tata who has exemplified the sense of responsibility towards the upliftment of common
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by being aware of the effects of their activities in the community and take measures to control them because this can affect the community and the environment by polluting the air‚ destroying the ecosystem‚ over using natural resources and so on. CSR is often called corporate citizen which means that companies should be good neighbors of the community not to work against it but collaborate with the citizen or the society in order to increase their welfare‚ to make a community a better place to live
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The World Business Council for Sustainable Development defines CSR as ‘the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as the local community and society at large.’ Marks and Spencer are the UK’s leading retailer of quality clothing‚ food and home products with over 21 million UK customers. They have a team of 78‚000 employees and over 2‚000 suppliers. In January 2007
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Axia College Material Appendix B Ethical Theories Chart Complete the chart below using information from the weekly readings and additional research if necessary. Include APA formatted in-text citations when applicable and list all references at the bottom of the page. Ethical Theory Utilitarianism Deontological Virtue ethics Definition Moral decisions require taking full advantage of the benefits as well as minimizing the damage to society. (Trevino and Nelson)
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with a responsible organisation and this lead to a better work attitude and greater productivity. Stakeholders are increasing aware that organisations neither do nor operate in a vacuum and that there are responsibilities that emerge‚ not just from ethical and legal perspectives‚ but also citizenship perspectives. In conclusion‚ Corporate Social Responsibility involvement helps to create a positive image to BreadTalk. It is an expensive practice. However‚ the increased productivity of the workers
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