Social Responsibility 1. If you were the manager of “Bally’s Grand Casino”‚ would you treat Elaine Cohen any differently? What would Friedman (“Increase Profits”) and Allen (“Schizophrenic Conception”) advise the manager to do? Use ethical methods and legal concepts to support your position. Elaine Cohen‚ a 73 year old widow‚ is a consistent gambler who spends her retirement savings on casino gambling. The Bally Grand casino‚ where Elaine spends her money‚ is treated very well. The casino “comps”
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Topic: Ethics and Social Responsibility ·Ethics are an individual belief system that consists of knowing what is right and wrong. - ethics are talked about frequently and addressed in the news when unethical decision are found. Sadly‚ people do not hear about ethics when others are engaging in ethical behavior on a daily basis. - Keep in mind that things that are not illegal may be unethical. - Ethics can vary person to person. - Ethics is in part analyzing decision‚ beliefs‚ and actions
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How could you be responsible to others‚ if you cannot sustain yourself economically enough? Let’s face it: not all of us are rich. Even business needs profit. The term CSR or "corporate social responsibility" is often used interchangeably with corporate responsibility‚ corporate citizenship‚ social enterprise‚ sustainability‚ sustainable development‚ triple-bottom line‚ corporate ethics‚ and in some cases corporate governance. Nonprofit organizations such as charities‚ foundations‚ religious
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Social Responsibility Project Report Submitted in Partial fulfillment of the requirement for the award of the Degree of Bachelor of Business Management of Christ University By Under the guidance of Jasmine Simi [pic] Department of Management Studies CHRIST UNIVERSITY Bangalore 2010 – 2011 DECLARATION I declare that this report titled‚ “Social Responsibility Project”‚ is a record of bonafide project work carried
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communities‚ but also cares about the environment. I would characterize Timberland’s exercise of its corporate power in society as “Corporate Social Responsibility”. That is‚ timberland is being socially responsible towards society and it is acting in a way that enhances society. By exercising its power‚ Timberland is practicing the “iron law of responsibility” which says that in the long run‚ those who do not use power in ways that society considers responsible will tend to lose it. Moreover‚ by acting
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Corporate social responsibility (CSR‚ also called corporate conscience‚ corporate citizenship‚ social performance‚ or sustainable responsible business/ Responsible Business)[1] is a form of corporate self-regulation integrated into a business model. CSR policy functions as a built-in‚ self-regulating mechanism whereby a business monitors and ensures its active compliance with the spirit of the law‚ ethical standards‚ and international norms. In some models‚ a firm’s implementation of CSR goes beyond
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RECR 2190 Introduction to Sport Management YMCA For Youth Development‚ For Healthy Living‚ For Social Responsibility Nathan Scruggs Introduction The YMCA was founded by George Williams‚ a London draper. Williams was the typical man who was drawn by the Industrial Revolution. Williams and his colleagues became concerned about the lack of healthy activities for the young men and men of the future in their respective cities while the only options available were taverns and brothels
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companies begin looking to outsource its production to another country. Some may think that companies only outsource for inexpensive labor. This could in fact be the situation for some businesses. Those businesses do not take into consideration the need to uphold their social responsibilities. Patagonia does outsource its production to other countries. This company is not only considering discounted labor. They do take into account the working conditions of its employees. Also‚ they take into consideration
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what extent is Corporate Social Responsibility beneficial to a company’s performance? In the 21st century‚ Corporate Social Responsibility (CSR) has become an important‚ if not essential‚ for businesses. In addition to basic law compliances‚ the focus of the consumers as well as the business world now include the impact the company has on the society and on the way they use recourses (Davis‚ 2010). CSR has become a contributing factor to a company’s financial performance. This is supported by the issued
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CORPORATE SOCIAL RESPONSIBILITY Definition:- [Carroll‚ 1979; 2008‚ 500]: "The social responsibility of business encompasses the economic‚ legal‚ ethical and discretionary expectations that a society has of organizations at a given point in time." EU Definition of CSR: "A concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis." The World Business Council for Sustainable Development
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