Corporate Social Responsibility (CSR) is a sense of duty that every organisation is required to uphold. A set of principles‚ which an organisation adopts‚ shows that they are socially responsible towards the society that supports them. Organisations should take the Triple Bottom Line (TBL) concept into consideration to ensure that they are not doing anything that is morally unacceptable to the society‚ environment or economy. TBL is measured in terms of people‚ planet and profit otherwise known as
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Katelyn Anderson Corporate Social Responsibility Project – BA 342 FA14 Opening Alcoa is a global front-runner in lightweight metals technology‚ manufacturing and engineering. They are most popular for being a leading producer of primary and fabricated aluminum and are ranked 130 on the Fortune 1000. Alcoa revolutionizes multi-material resolutions that directly enhance global progression and expansion. Alcoa’s technologies improve means of automotive‚ commercial‚ air and space transportation. They
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Company makes in relation to business ethic and social responsibility. Among the stakeholder affected are the employees this is because ethics and social responsibility are all about comportment in mind the full weight of any corporate verdict. Employees are affected by the decisions the company makes and a social responsibility the company is involved. Macy‘s performance in terms of business ethics‚ in a scale of 1-10 it 8/10 .Social responsibility in a scale of 1-10 it 10/10‚ with so much involvement
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BOH 4M1 Investigating Corporate Ethics and Social Responsibility Assignment Organizations and the managers within them are faced with tough decisions every day. Some of the toughest involve those of an ethical nature‚ where the interests of the organization and its stakeholders need to be taken into consideration. You and a partner will research an organization in order to determine what their stance and actions are with regard to being a socially responsible group. Upon completion
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position‚ occupy a functional leadership position‚ you can be specialist‚ etc. Philips says it’s giving its employees freedom to develop and improve their skills and talents‚ it is challenging them to grow. Its employees therefore‚ are given an high responsibility‚ but they can also contribute their new ideas. Because when you work at Philips‚ “you need to be willing to take ownership of your projects and feel accountable for delivering superior results.” Philips says it’s trying to attract diverse people
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The analysis of corporate social responsibility (CSR) |Yayasan Sime Darby | | | | | | |Yayasan Sime Darby is a foundation that was set up in July 2008. It is linked to‚ yet partially independent from‚ Sime Darby Berhad. | |Although
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Week 3 Assignment Business Ethics and Corporate Social Responsibility Professor Michael Wasson BUSN-115-61763 Introduction to Business & Technology Rosalind M. Stift 03/23/2014 The United States has several laws that are intended to further fair‚ balanced‚ and competitive practices. I do feel that these laws are effective in many ways. Some of those ways I will pin point in the next few paragraphs. These laws include some major concepts of law. Some of these
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Part A (Question 1) Free-Market Perspective What is “free-market” perspective on accounting regulation? Deegan (2010‚ p.38) states: Accounting information should be treated like other goods‚ with demand and supply forces being allowed to operate to generate an optimal supply of information about an entity. In the absence of regulation‚ managers still provide financial information for the interest of the organisation. Market mechanism would ensure the information published to be prudent. Managers
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21st century has proven to be an interesting period for businesses. With the invention of social media and the availability of information on-demand through the internet and mobile devices‚ businesses are constantly facing scrutiny from the public eye in regards to how they conduct themselves. Gone are the days of the 90’s when a business didn’t have to place much emphasis on their ethical responsibilities. Today however‚ a business must be very precise and careful in how it operates. Whether it
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2010. Sappi Sustainable Development Report 2010. [Online] Available at: http://sappi.investoreports.com/sappi_sdr_2010/case-study/people/kwadukuza-resource-centre-celebrating-ten-years/ [Accessed 1 March 2013]. * Sappi‚ 2013. Sappi Corporate Social Responsibility. [Online] Available at: http://www.sappi.com/regions/sa/SupportAndSponsorships/CSR/EducationLiteracy/Pages/default.aspx [Accessed 28 February 2013]. * Sappi‚ 2013. Sappi KwaDukuza Resource Centre. [Online] Available at: http://www.resourcecentre
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