UNIVERSITY of SAN CARLOS College of Commerce Executive Masters in Business Administration NO MAN IS AN ISLAND Reflections on the Social Initiatives of Businesses (Corporate Social Responsibility) In partial fulfilment of the course requirements in EMBA 213(Business Ethics and Corporate Social Responsibility) Submitted By: SHERANILE A. YLANAN Student Submitted To: DR. RENE PAQUIBOT Facilitator No Man Is an Island Lyrics Artist(Band):Joan Baez No man is an island
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CSR practiced by Southwest Airlines To build a reputation as a leader in corporate social responsibility‚ companies should focus on strong governance practices‚ positive working conditions‚ and a commitment to supporting the needs of communities and the environment Southwest airlines has consistently been on top‚ in the American companies that are nominated as the best practitioners of CSR in the country. Southwest divides its social responsibility among three principal categories; Community outreach/volunteerism
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_____________________________________________________________________________________________ CORPORATE SOCIAL RESPONSIBILITY (CSR) Corporate Social Responsibility (CSR) in Hindustan Unilever Limited (HUL) is rooted in its Corporate Purpose - the belief that "to succeed requires the highest standards of corporate behavior towards our employees‚ consumers and the societies and world in which we live". HUL’s CSR philosophy is embedded in its commitment to all stakeholders -- consumers‚ employees‚ the environment
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manufacture penicillin) in 1919. In the late 2000’s Pfizer expanded globally with the acquisition of Warner-Lambert‚ Pharmacia and Wyeth‚ becoming the first U.S pharmaceutical company to join the U.N Global Compact (training and nurturing partnership between companies by promoting good corporate citizenship). Pfizer generates more than 58 percent of revenue from international markets. Pfizer’s approach towards Corporate Social Responsibility (CSR) CSR according to csrnetwork.com‚ 2009 is about how
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Abstract Ethical dilemmas are a natural part of a human service provider’s career. In this paper we will explore the steps to identifying and solving an ethical dilemma. We will review statements from the Ethical Standards for Human Service Professionals‚ specific to client confidentiality. We will review the following four steps: Identify the Problem‚ Consulting with Colleagues or Experts‚ Identifying and Exploring Options‚ and Choosing a Course of Action. We will explore how each of the
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Reference: Hülsmann‚ M.; Grapp‚ J.: Dilemmas of a Sustainable Strategic Management - Options for a Corporate Balancing Efficiency and Sustainability by Autonomous Cooperation in Decision Making Processes. In: Melnyk‚ L. (ed.): Mechanism of Economic Regulation‚ 2/2005‚ pp. 66-79 Title: Dilemmas of a Sustainable Strategic Management Options for a Corporate Balancing Efficiency and Sustainability through Autonomous Co-operation in Decision Making Processes Authors:* Prof. Dr. Michael Hülsmann
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Case 2- Nike’s CSR Challenge 1. The challenges regarding corporate social responsibility that companies in the apparel industry face in their supply chain around the world is very complex. Apparel is something that everyone can make‚ so for companies they need to find a way to keep their prices competitive but also provide quality products. In this case we see some evidence of what was going on in The South Asian plants that produce Nike’s shoes. These poor conditions are not caused by Nike but
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individuals can have social responsibilities and that the purpose of a corporation is to provide the highest possible returns to shareholders while obeying all the laws and regulations. There are 5 main arguments against CSR. First of all‚ it lowers economic efficiency and profits. CSR also imposes unequal costs among competitors and imposes hidden costs which are passed on to stakeholders. Also‚ more often than not‚ carrying out these social responsibilities require skills which businesses may lack
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Responsibility (CSR) beneficial to a company’s performance? 1. Introduction As the magnitude of social and environmental implications of corporate activities is being recognised‚ there has been growing interest in corporate social responsibility (CSR). Business for Social Responsibility (BSR) defines CSR as “achieving commercial success in ways that honor ethical values and respect people‚ communities‚ and the natural environment.” Over 90% of the Fortune 500 companies engage in CSR‚ and CSR investments
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report states that about 25% - 50% of plants restricted their employees from drinking water & accessing toilet during the working hours. Almost the same percentage of factories denied workers at least a day off of the seven days that they work. Nike’s CSR Challenge highlighted the difficulties of bringing change to a company that isn’t centralized. In fact‚ the challenge was to alter the way business is done. Traditionally‚ leadership was seen as guidance to steer your employees towards the company’s
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