Mr. Kevin Lamb Dated: 3rd October 2011 1. What is the general area that you are interested in? Corporate Responsibility (CR) has emerged as a significant theme in the global business community and is gradually becoming a mainstream activity‚ according to a new survey by the Economist Intelligence Unit‚ in cooperation with Oracle Corporation. The growing emphasis on corporate responsibility is affecting the relationship between companies and their various stakeholders‚ such as investors‚ customers
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Re-take exam IB55 29 Jan-05-Feb 2013 OPTION 2 This is the mandatory Cover Page to be attached to your exam paper if you choose to work with OPTION2 Dynamic Corporate Social Responsibility: Apple‚ Inc. Marcello Montrone INTRODUCTION The social psychologist Kurt Lewin (1890-1947)‚ once wrote: “There is nothing as practical as a good theory”. According to this saying we tend to consider theory very important and that it can be helpful to guide us on the correct way. This
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Identify and explain the major factors in the social environment that create an atmosphere in which business criticism takes place and prospers. dasdasdassadasdasdadadasdadsdadasdasdassssssssssssssssssssss- ssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss- ssssssssssssssssssssssscourse? Or is it still a vital reality? 4. Give an example of each of the four levels of power discussed in this chapter. Also‚ give an example of each of the spheres of business power. 5. Explain in your
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corporate social responsiblity and new zealnd business The concept of corporate social responsibility has been developed rapidly in last century. Milton Friedman‚ the famous Noble Prize-winning economist‚ who indicated that the corporation’s social responsibility is to maximize profit which has addressed a heated debate about corporate social responsibility in last forty decades. This article is going to discuss different positions toward Friedman’s theory and whether it is suitable for New Zealand
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What criticisms does Friedman raise against business managers who engage in "socially responsible" practices? Explain. Friedman criticizes business managers who engage in socially responsible behavior by using the argument that there is a different set of criteria for social responsible behavior of a person‚ who happens to be a corporate executive (businessman) versus that same person acting as an individual in a free-society. A business manager’s main responsibility is to maximize the profit
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CASE #33: The Case of the Fired Waitress 5. CSR ANALYSIS In this case we could not really judge if the company focused on ethical‚ legal‚ and philanthropic corporate social responsibilities all together. But they did mention about Red Lobster’s and its employees ethical and legal responsibilities. The case did not mention if Red Lobsters support any social causes or do any volunteers for the community. Therefore‚ we cannot judge whether or not Red Lobster was responsible socially or philanthropically
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and focus on the interests of society. In doing so‚ they must perform corporate social responsibility that will help improve the community‚ society’s youth‚ charity‚ education‚ and also our planet. This corporate social responsibility should not be an option but rather an obligation‚ as that they play an essential role in creating goodwill‚ a positive image‚ and a competitive edge for the industry. Corporate social responsibility also increases sustainability by assisting the industry in achieving
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| Why Corporate Social Responsibility Matters? | Individual Assignment | | | | | Student: Iderbat Bayaraa Lecturer: Jimmy Esplanada Executive Summary Corporate Social Responsibility is growing rapidly among international organizations. Every global or multinational big corporation should implement CSR initiatives. CSR provides companies with important opportunities‚ competitive advantages and so on. Samsung Electronics is one of the corporations which best implements CSR activities.
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Corporate Social Responsibility (CSR): Bangladesh Perspectives Corporate means formed into an association and endowed by law with the rights and liabilities of an individual. Social responsibility is an ethical ideology or theory that an entity‚ be it an organization or individual‚ has an obligation to act to benefit society- at- large. This responsibility can be passive‚ by avoiding engaging in socially harmful acts‚ or active‚ by performing activities that directly advance social goals. To
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The Benefits and Costs of Corporate Social Responsibility – Critique The article focuses on why companies engage in corporate social responsibility and the costs and benefits that may result. The many reasons that motivate companies to include CSR in its operations range from wanting to be good global citizens‚ trying to look good in the eyes of different stakeholder groups‚ trying to retain employees‚ drawing consumers to buy a company’s products or services‚ environmental concerns‚ or trying
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