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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What is Corporate Social Responsibility (CSR) and Sustainable Business? A Definition of CSR Corporate Social Responsibility (CSR)‚ Corporate Responsibility (CR) or Sustainable Business are commonly heard‚ but rarely understood‚ phrases. So what does it all mean? CSR is the process of assessing an organization’s impact on society and evaluating their responsibilities. CSR begins with an assessment of a business and their: * Customers * Suppliers * Environment * Communities
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Articles Women Empowerment and Safety Today we have noticed different Acts and Schemes of the central government as well as state government to empower the women of India. But in India women are discriminated and marginalized at every level of the society whether it is social participation‚ political participation‚ economic participation‚ access to education‚ and also reproductive healthcare. Women are found to be economically very poor all over the India. A few women are engaged in services
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Do you consider employee empowerment and participation important? I consider employee empowerment to not only be important‚ but vital to an organization’s level of morale and human potential. Empowerment has many benefits to include: increased motivation to reduce mistakes and have individuals take more responsibility for their own actions‚ increased opportunity for creativity and innovation‚ the continuous improvement of processes‚ products‚ and services‚ improved customer satisfaction by having
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sending a Executive Summary to our Organization Head on the need for a Corporate Sustainability Reporting. Introduction A Sustainability Report essentially sums up a company’s propensity to develop while reconciling contemporary environmental‚ social and economic demands - the "Triple Bottom Line (People‚ Planet & Profit)" of sustainability. The Global Reporting Initiative (GRI) details one of the world’s most prevalent standards for corporate sustainability reporting. More than 1‚500 organizations
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they have‚ some responsibilities are also expected of them as part of the company. In the same way‚ they also have some employee contract which they know among themselves that guide them as they go along with their routine in their workplaces. It also discusses some ethical responsibilities to employees which are very essential to satisfy their needs and thus‚ make them as productive individuals. Every stakeholder of a company has their own rights with corresponding responsibilities. These must be
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Rethinking the Social Responsibility of Business By Thomas Malthus (See note at the bottom of the page) Thirty-five years ago‚ Milton Friedman wrote a famous article for The New York Times Magazine whose title aptly summed up its main point: "The Social Responsibility of Business Is to Increase Its Profits." Friedman had no patience for capitalists who claimed that "business is not concerned ’merely’ with profit but also with promoting desirable ’social’ ends; that business has a ’social conscience’
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toward social responsibility. This is accomplished by assessing whether the actions described are socially responsible or not and by explaining the reasoning behind the assessments. The essay also provides a recommendation of three actions that Company Q could take to improve its attitude toward social responsibility. This essay does not use sources‚ so no citations are required or provided. A. Evaluate Company Q’s current attitude toward social responsibility. The given scenario describes three
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exercise this affirmation is by the action of empowerment. Empower - in the form to equip or supply with an ability or enable‚ is the most fervent assertion of self independence one can bestow to themselves and to outside entities. It is a declaration that can be demonstrated with an affective realm mentally‚ emotionally‚ and communally. Empowerment is a word that many people know‚ but not a skill that very many people have been able to master. For me‚ empowerment is the process of enabling an individual
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Social Responsibility‚ some may say it is and organization’s duty to behave in an economically and environmentally sustainable manner. Well‚ there is more to it than just that. There are four key theories or guidelines that must be followed to maintain a status of good social responsibility. A company has one a duty to its shareholders‚ two the duty to maximize profit and avoid harm‚ three a responsibility to its employees and others who may be dependent on that specific company‚ and last but
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