FONTERRA AS A SOCIALLY RESPONSIBLE COMPANY Executive summary Fonterra is a co-operatively owned multinational dairy company and also New Zealand’s largest company. The purpose of this report was to determine the company’s public image as well as investigate whether the company operates in a socially responsible manner. An analysis of various instances in which Fonterra has appeared in the media was conducted with the perspectives on corporate social responsibility in mind. The conclusions were
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that companies have a responsibility to do what’s right for the public. Most of the time doing what is right reflects profits for the company. The article talks about socially responsible business practices being irrelevant because it is all an illusion‚ and potentially a dangerous one. The whole reasoning behind socially responsible business practices being irrelevant is that in most cases‚ doing what is best for society means sacrificing something from your own company (profits). An example would
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What would a socially responsible tobacco company look like? It could certainly not be defined as such if it did not address the harm its products cause. It would be engaged in research and development seeking to develop less harmful versions of it product that would remain acceptable to its customers. It would have a clear code of conduct about how it seeks to market it’s products and to whom it would aim to tackle corruption and smuggling. It would ensure tobacco farmers worked in good conditions
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Ethically Responsible and Irresponsible News Reporting Ethically responsible is a theory that goes with the premise that equality should prevail in society and that society should respect each other ’s human rights and in return will preserve the dignity and respect of each other and other members of society. Objectivity in reporting also adds to the theory of ethics because objective reporting is a concept that journalists should report without bias and should remain neutral in all circumstances
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A journalist distributes news‚ collects and writes information. Journalists usually do what it takes to get the story done by taking risk when writing a story and exposing themselves to dangerous areas to collect information for a story. In spite of this all‚ journalism has developed a variety of standards and ethics in which journalist must follow. In this paper you will read about journalism ethical responsibility‚ if there is ever deception or censorship permissible in journalism‚ and what
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Socially Responsible Institutional Investment in Private Equity Author(s): Douglas Cumming and Sofia Johan Source: Journal of Business Ethics‚ Vol. 75‚ No. 4 (Nov.‚ 2007)‚ pp. 395-416 Published by: Springer Stable URL: http://www.jstor.org/stable/25124003 . Accessed: 19/03/2013 12:52 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR is a not-for-profit service that helps
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Video Case 3 – Land Rover: A Socially Responsible Company Purpose This memo is intended to respond to the Video Case 3 which correlates with Chapter 20‚ Marketing Ethics and Social Responsibility. Does Land Rover ‘walks to talk’ and practices what it preaches in the video‚ and whether that translates into a competitive advantage. Is the basis for Land Rover’s competitive advantage truly accurate or are they using a clever marketing scheme to target socially responsible consumers? Summary In
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of Management Perspectives May F R O M T H E E D I T O R S Is the Socially Responsible Corporation a Myth? The Good‚ the Bad‚ and the Ugly of Corporate Social Responsibility by Timothy M. Devinney Executive Overview Despite differences of opinion about the efficacy of corporate social responsibility‚ there is a general consensus among academics‚ policy makers‚ and practitioners that corporations operate with a social sanction that requires that they operate within the norms and
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Should a business be held socially responsible? The demand for how businesses do their operations needs to change. As of right now‚ the business model suggests that we pursue profit by any entrepreneurial means and cut costs at any expense. For the most part businesses over the latter half of the twentieth century have based their idea of how to run a company off of Milton Friedman’s theories and classical neo-liberal economic thinking. I am suggesting however‚ that we take a different route for
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Case-1 Aaron Feuerstein-A Socially Responsible Owner The evening of December 11‚ 1995‚ was a special time for Aaron Feuerstein‚ CEO of Malden Mills. A small surprise 70th birthday party quietly was held in his honor at a local Boston restaurant. But Feuerstein’s life took a dramatic turn that evening for a different reason: A boiler at his company’s plant exploded‚ setting off a fire that injured 33employees and destroyed three of the factory’s century-old buildings. Malden Mills was a privately
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