Spirit Fritz Jay T. Dalawampu B-3R November 5‚ 2014 Does it really pay off to be good? Many firms are able to believe that doing corporate social responsibility (CSR) really pays off especially in the firms as well as in the firm’s stakeholders and society. However‚ what is a CSR in the first place? According to researches‚ CSR‚ also known as corporate initiative‚ is all about evaluating and taking up the liability of the company’s impact on the environment as well as in the welfare of the society
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BUILDING A CSR INDEX In our CSR index‚ companies would be judged in 6 key assessment areas. Not only should the company have formulated goals or CSR targets but also achieved them within the stipulated period of time for a maximum score. The 6 key assessment areas are as follows: ASSESSMENT AREAS 1. ENVIRONMENT: This assessment area includes the physical surroundings in which the company operates including waste disposal techniques‚ energy saving initiatives‚ or climate change. POINTS OF
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Corporate Social Responsibility (CSR) has progressively become known as a germane issue in the corporate world for the past decade. Making the world a better place‚ socially and environmentally‚ is a global accepted phenomenon. According to Porter & Kramer‚ 2006‚ “corporate social responsibility has emerged as an inescapable priority for business leaders in every country.” The objective of this review is to discuss benefits of CSR on the hotel industry. What is CSR? Corporate social responsibility
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Ethics and CSR Chapter 9 Ethics Connock and Johns (1995) define ethics as the following 3 elements; • Fairness • Deciding what is right and wrong • Practices and rules which underpin responsible conduct between groups and individuals Billington (2003) lists five distinctive features of ethics; • Nobody can avoid ethical decisions‚ we make ethical decisions every day of our lives • Ethical decisions matter‚ they affect the lives of others • Although ethics
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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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CSR and globalization Corporate social responsibility is at least in its name and formal recognition a relatively recent phenomenon. Yet‚ owners and managers of firms have engaged in activities that we would now consider CSR almost from the beginning of the industrial revolution (Davis‚ Whitman and Zald‚ 2006). But‚ until the 1990s‚ CSR was generally limited to corporate philanthropy. It is from the early 1990s that enlarged concepts and practices of CSR have come to the fore. What drove these
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CSR REPORT ANALYSIS McDonalds Corporation Table of Contents Different Approaches to Analyze the CSR programme3 Defensive Approach3 Accommodative Approach4 Proactive Approach5 Activities and Initiatives6 Stakeholder Analysis10 A Critical analysis11 A Marketing Ploy?11 Responding to claims12 McLibel12 Response To Criticism 13 Sustainable Supply Chain14 Nutrition and Well-Being 14 Environmental Sustainability15 Employees16 Conclusion16 Bibliography17 Three
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Toni Morrison: Rags to Riches In the mid twentieth century‚ the Civil Rights Movement influenced African-American writers to express their opinions. Most African-American writers of the time discussed racism in America and social injustice. Some authors sought to teach how the institution of slavery affected those who lived through it and African-Americans who were living at the time. One of these writers was the Toni Morrison‚ the novelist‚ who intended to teach people about all aspects
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2 Business case of CSR Abstract On the tracking thread toward understanding the concept and aspects of a sustainable business in this course‚ the inclusive wide concept of corporate social responsibility is an key approach which feeds sustainable development pattern. This paper aims to look at the CSR concept in relation to business case issue and argue the business case of CSR in different positive or negative perspectives. Reflection on business case of CSR Social corporate
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The official statement made by authorities was that The Doors’ front man‚ Jim Morrison‚ died from heart failure‚ even though his heart was deemed healthy just prior to his death. However‚ many fans do not believe that is what really happened. This disbelief in the official story stems from the fact that an autopsy was not performed due to the fact that the examiner did not suspect foul play. Also‚ in the days following Morrison’s death‚ there was a media blackout concerning the event. Immediately
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