technical skill of students. It is highly hopeful to intensify pragmatic approach to functional problems of an organization. Organization study enables one to know the functions of major departments and see the difference between theories and practice. HMT Ltd is a public sector undertaking of the Government of India engaged in the manufacture of engineering goods in diverse areas such as Machine Tools‚ Watches‚ and Tractors‚ Printing Machinery‚ Die casting and Plastic Processing machinery. It was started
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Challenges in implementing CSR Corporate Social Responsibility can be separate into internal dimension and external dimension. Internal dimension and external dimension Internal dimension focuses on organizational practices with respect to internal stakeholders that should be aligned to corporate social responsibility standards. It includes human resource management‚ safety and health‚ environmental impact and corporate change. External dimension focus on an organization practices towards external
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Internship report on Foreign Exchange Operation: A Study on BASIC Bank Limited This report aims toward providing an overview on the Foreign Exchange operation Bank Asia Limited. The report is prepared within the broader framework of Department of Banking‚ While discussing the different aspects and functions of the bank‚ priority has been given to depict the real situation as far as appraisal and management system in Bank Asia Ltd. are concerned by employing the experience gathered during the
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is widely known by the public that the product the TI is manufacturing‚ being cigarettes‚ kills. According to the University of South Australia‚ corporate social responsibility (CSR) is concerned with the commitment by corporate entities to act ethically and to give back to society. Over time the TI has attempted to use CSR strategies in an attempt to bridge the gap between society and themselves. Prevention programmes for youth smoking‚ awareness for second hand smoking and the attempt to reduce child
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The ITC e-Choupal Initiative Q1) What was ITC’s motivation for creating the eChoupal? Ans: ITC’s International Business Division lagging behind the other divisions of the company and it was imperative that it got a fillip. The e-choupal project was launched to do exactly that.ITC had been successful in selling soybean oil domestically and processed soymeal internationally‚ but both the input and output sides of the agricultural supply chain in India were still far from efficient. In fact‚ farmers
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Industry profile:- The Indian Auto Mobile is witness to curious occurrence:- The Automobile industry in India is the seventh largest in the world with an annual production of over 2.6 million units in 2009. In 2009‚ India emerged as Asia’s fourth largest exporter of automobiles‚ behind Japan‚ South korea and Thiland. By 2050‚ the country is expected to top the world in car volumes with approximately 611 million vehicles on the nation’s roads. Following economic
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Recommendations and Conclusion Can you summarize the key points for your proposed CSR initiative? We need this for the final part as per handout instructions. Thanks. Action Plan For each initiative‚ we will set up a volunteer committee to implement our plan. All staffs are welcome to participate. To encourage volunteers‚ committee members can work on the initiative during paid release time and company time. Periodic meetings would be held to review the results. With a total budget
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How to Implement CSR How organizations implement CSR depends on how they define it‚ whether as a moral obligation and a rational approach to stakeholder satisfaction. It serves best when it is part of organizations’ culture‚ planning‚ and management. It has implications for budgeting‚ return on investment‚ and measures of effectiveness. As mentioned above‚ public relations practitioners not only participate in the dialogue to define CSR standards but they also play a crucial role in helping markets
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P’s. The Triple Bottom line requires that a company not only be responsible for making a Profit‚ but also requires them to be considerate of the Planet and People (employees and the communities that the business operates in.) I have chosen to do my report on a Company that’s Mission Statement encompasses the just that: “Our vision is that all business operations shall be run in a way that is economically‚ socially and environmentally sustainable” (H&M’s Conscious Mission Statement.) H&M Background
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CSR Analysis and Impact on Operations Nike has a Code of Business Conduct and Ethics that includes its commitment to the environment and is a signatory of the UN Global Compact. Nike has created a team of sustainability managers led by an independent director. Its environmental goals include producing ’eco-friendly ’ products and minimizing its environmental impact through the reduction of greenhouse gases‚ organic solvents and PVCs. Nike acknowledges the difficulty of tracking environmental
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