L.L.Bean’s humble beginnings date back 1912‚ when Leon Leonwood Bean founded the outdoor apparel company as a one-man operation in Freeport‚ Maine. The inspiration for Bean’s business came from his invention of the ‘Maine Hunting Shoe’‚ a rubber boot with a leather upper‚ which later became known as the ‘Bean Boot’. After creating the Maine Hunting Shoe‚ Bean marketed it by distributing three-page mail flyers to hunting license owners. Unknowing at the time‚ Bean birthed his now world-famous mail-order
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CSR in Tourism Industry Md. Abdul Hamid1 Nowadays Corporate Social Responsibility (CSR) is a recurrently pronounced terminology. There is enough scope of ambiguity also in ‘meaning’ of this expression. Generally‚ the corporate world and researchers emphasize on different focal points. Instead of such vagueness‚ certainly there are affirmative something in the whole process. Regularly number of socially responsible organizations is increasing and awareness in this issue is rapidly increasing among
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Spirit Fritz Jay T. Dalawampu B-3R November 5‚ 2014 Does it really pay off to be good? Many firms are able to believe that doing corporate social responsibility (CSR) really pays off especially in the firms as well as in the firm’s stakeholders and society. However‚ what is a CSR in the first place? According to researches‚ CSR‚ also known as corporate initiative‚ is all about evaluating and taking up the liability of the company’s impact on the environment as well as in the welfare of the society
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America…………………………………………………………………….18 2.3 Stakeholder Theory and Stakeholder Awareness…………………………………19 2.4 Drivers of CSR in developing countries………………………………………………..19 2.5 Corporate Social Responsibility in Nigeria…………………………………………..22 2.6 Ways CSR varies in emerging markets………………………………………………...25 2.7 Effectiveness of CSR in emerging markets…………………………………………...27 2.8 CSR theories and theoretical approach………………………………………………..28 2.9 Case study………………………………………………………………………………………….29
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BUILDING A CSR INDEX In our CSR index‚ companies would be judged in 6 key assessment areas. Not only should the company have formulated goals or CSR targets but also achieved them within the stipulated period of time for a maximum score. The 6 key assessment areas are as follows: ASSESSMENT AREAS 1. ENVIRONMENT: This assessment area includes the physical surroundings in which the company operates including waste disposal techniques‚ energy saving initiatives‚ or climate change. POINTS OF
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Ethics and CSR Chapter 9 Ethics Connock and Johns (1995) define ethics as the following 3 elements; • Fairness • Deciding what is right and wrong • Practices and rules which underpin responsible conduct between groups and individuals Billington (2003) lists five distinctive features of ethics; • Nobody can avoid ethical decisions‚ we make ethical decisions every day of our lives • Ethical decisions matter‚ they affect the lives of others • Although ethics
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ACC704 BUSINESS ETHICS & GOVERNANCE MAJOR ASSIGNMENT T1 2015 Topic: CSR Disclosure in Public Listed Companies Annual Report - Fiji Name: Sanjini Devi Singh ID: S2009003935 Declaration I hereby declare that this project was entirely my own work and that any additional sources of information have been duly cited. I hereby declare that any internet sources from which I have quoted or drawn reference have been referenced in the contents list. Name: Sanjini Devi Singh Signature: ………………
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by being aware of the effects of their activities in the community and take measures to control them because this can affect the community and the environment by polluting the air‚ destroying the ecosystem‚ over using natural resources and so on. CSR is often called corporate citizen which means that companies should be good neighbors of the community not to work against it but collaborate with the citizen or the society in order to increase their welfare‚ to make a community a better place to live
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Operations Management: Why are operations the most vulnerable sector of any company when considering CSR? I. Introduction As globalization continues‚ the earth ’s natural processes transform local problems into international issues along with the development of international commercial activities. Few communities are being left untouched by major environmental issues and social problems. As one of the most active and influential elements of the human society‚ the business world has been
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results towards business‚ environment and society (CSR Singapore Compact 2005). Implementation of corporate social responsibility concept within the businesses means the businesses will always try their best to give positive outcomes to the society‚ which give satisfaction to the people and may build a good reputation to the company. The three main responsibilities and roles usually discussed are in the perspective of business‚ social and environment (CSR Singapore Compact 2005). Despite the fact that
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