Business Research Report Ethics & Social Responsibility in Business Presented to: Chief Executive Officer Assessment Code: RWT1 Student Name: Valeria Herrera Student ID: 00217130 Date: May 1st 2012 Mentor Name: Evan Jackson Table of Contents Executive Summary 3 Introduction 4 Research Findings 5 The Company’s Reputation 5 The Relationship with Employees‚ Investors and Customers……………...…………….………………6 Efficiency…………….……………………………………………..……………………………………7 Recommendations 8 Conclusion
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With the recent corporate scandals involving such companies as Enron and Martha Stewart‚ the concept of corporate social responsibility (CSR) has once again made its way to the forefront of contemporary management ideologies. However‚ CSR itself is not a new concept. In fact‚ societies as far back as the Ancient Mesopotamians (circa 1700 BC) incorporated CSR in their businesses. "King Hammurabi introduced a code in which builders‚ innkeepers or farmers were put to death if their negligence caused
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Ethical Issues and Social Responsibility Case Analysis: BP (Beyond Petroleum) Beyond Petroleum (BP)‚ one of the world’s largest energy companies has seen many highs and lows over its 100 history. Throughout BP’s 100 year history there have been numerous questions about the company’s ethical conduct. These ethical misconducts include fraud‚ environmental crimes‚ regulatory negligence‚ and the endangering of habitats (Thorne‚ D.M.‚ Ferrell‚ O.C.‚ & Ferrell‚ L.‚ 2011). With the multiple
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Social Responsibility of Business Entities Some people believe that businesses have a duty to create a good impact on society while providing a profit for their shareholders‚ this is social responsibility. While the concept of social responsibility has many believers and critics‚ it has been shown that consumers will not purchase goods or services from a company they feel is not trustworthy. A company’s reputation does play a role in determining if it succeeds or ultimately fails. In
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Mission-Vision-Social Responsibility UMUC Management and Organization Theory BMGT364 Professor Contee-Borders March 30‚ 2013 Mission-Vision-Social Responsibility Southwest Airlines: The Mission of Southwest Airlines “The mission of Southwest Airlines is dedication to the highest quality of Customer Service delivered with a sense of warmth‚ friendliness‚ individual pride‚ and Company Spirit”. (Southwest Airlines‚ 2008‚ p. 23) The Mission of Jet Blue Airlines Customer Bill of Rights Jet
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General Mills is a U.S based‚ multinational company that aspires to manufacture nutritious food for the world. They are heavily invested in corporate social responsibility by ensuring that their raw materials come from sustainable sources and by promoting human rights. General Mills and Corporate Social Responsibility: Sustainability Goals: General Mills pledges to source raw materials only from sustainable sources. By 2020‚ they plan to sustainably source 100% of the top ten raw materials they
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approach that illustrates responsibility to society above and beyond the economic function and legal performance of the firm (Gibbs 2009). This expectation can be understood as an implicit social contract. One of the underlying concepts of social responsibility is stakeholder management (Davidson 2006). This involves balancing the claims of stakeholders against the decisions a corporation makes (Maloney 2009). The consequences for companies that are judged as not taking into consideration the expectations
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The Warehouse Group Ltd is a typical half-hearted company that does not do what it preaches in the area of Corporate Social Responsibility. From the Warehouse Annual Report and Social and Environment Report 2009‚ I found that the company is not only focusing on its financial performance‚ but also on social and environmental external effects. A critical analysis of this reporting practice suggests that the Warehouse is not truly responsible socially and environmentally but more a public relation exercise
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quarter of its South Asian plants.And in 2005 Nike returned to report its social and environmental practices. It said that staffs and employees work in a poor environment .Between 25% to 50% of its employees and staffs in the region restrict access to toilets and drinking water during the workday. Besides ‚ a lot of staffs have to work for extra hours per week and wage level is lower than other industries. These kind of social and environment issues not only happen in Nike ‚but also in many other industries
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European Journal of Social Sciences – Volume 10‚ Number 2 (2009) The Determinants of Women Empowerment in Southern Punjab (Pakistan): An Empirical Analysis Imran Sharif Chaudhry Associate Professor‚ Department of Economics‚ Bahauddin Zakariya University Multan‚ Pakistan E-mail: imranchaudhry@bzu.edu.pk Farhana Nosheen PhD Scholar‚ Department of Economics‚ Bahauddin Zakariya University Multan‚ Pakistan E-mail: farhananosheen@hotmail.com Abstract Women empowerment is one of the momentous issues
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