with an increasing number of businesses engaging in CSR activities. Corporate Social Responsibility is a commitment by a business to consider not just the shareholders‚ but the interests of all stakeholders impacted by its activities. These include the employees‚ the consumers and suppliers of the business‚ the community in which it operates‚ and the environment. This report seeks to analyse the strategic Corporate Social Responsibility (CSR) policies implemented by the organisation Nike when faced
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sIMPACTS OF CSR : 1)ON BUSINESS COMPANY: a.ENSUREMENT OF WORKERS’ RIGHTS AND BENEFITS: By implimenting csr‚the company has ensured workers’ rights and benefits and their is no need to create a collective labour agreement and maintain existence of a trade union. b.PROTECTION FROM PROTESTS AGAINST THE INDUSTRIES: The responsibilities towards the emplyees are well fulfilled by the company by satisfying them and so the employees need not to protest against the industries. c.RELATIONSHIP BETWEEN
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individual principles and ideals. Resultantly‚ ethical matters are not easy to put into effect and easy to overlook. Corporate social responsibility (CSR) is rapidly becoming one of the principles on which modern business is built (Hancock‚ 2004). Areas can be identified were improvements should be made‚ and use it for strategies in future business plans. CSR refers to the economic‚ legal‚ ethical and discretionary responsibilities (Carroll & Buchholtz‚ 2000; Swanson‚ 1995). The organisations are furthermore
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of distress‚ it can help to negate or reduce the potential negative influence on their performance. CSR orientation of banks can be a useful tool for them to tide over such crises in future‚ if banks maintain their relationships with stakeholders in making their businesses more sustainability. CSR‚ among other things‚ is a key stakeholder relationship building activity. It was also found that the CSR brand does reap more relationship benefits from its social initiatives than do its competitors indicating
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Importance of CSR in Inclusive Development Adit Grover Abstract Corporates are aware of the importance of CSR in the present scenario‚ but are not aware of the right kind of CSR activities which would lead to creating an impact in the lives of the people and capacity building. This study will try to bring out the importance of CSR activities to the corporates (Cause Related Marketing) and the role which it can play in brand enhancement. The focus would not only be on impacting lives of the
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research papers are devoted to the relationship between Corporate Social Responsibility and a given company ’s financial result. CSR has been identified as the duty of organizations to be responsible for their environment and for their stakeholders‚ in a way that takes into account not only financial aspects (Go ̈ ssling and Vocht‚ 2007). A particularly broad definition of CSR was presented at the World Business Council for Sustainable Development: ‘‘Corporate Social Responsibility is the continuing
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Words count : 3244 Contents Executive Summary 1. Introduction 2. Literature Review on CSR 2.1 CSR Theories and Strategies 2.2 CSR Challenges and Issues 2.3 Summary of Key CSR Elements 3. Ryanair CSR Audit 3.1 Company Background 3.2 CSR Audit of the company 4. Analysis and discussion of the company CSR performance 5. Strategies CSR recommendations for the company 6. Conclusion 7. References Executive Summary Aim of
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suggested that CSR activities are increasing strategic in that it affects that core business of the firm and its growth‚ profitability and survival? Drawing on an example of a corporation/company (National/ International)‚ discuss this in the context of business strategies‚ in particular on the issues of competitive advantage and firm performance. Introduction In this essay‚ we will discuss why organizations began CSR and how it is or can be or why should it be implemented. CSR usually get started
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1. Do you think that the Interface approach is an example of how a company can successfully apply the CSR filter? Why or why not? 2. Could this approach be applied in the company or organization in which you work‚ have worked‚ or study? Why or why not? 1)I think after reading all the articles and chapters till now‚ this is the first time when i have truly felt CSR could actually be possible and make a difference from an Internal Stakeholder point of view. Profitability is seen to be the number
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organisations to take an increasing interest in corporate social responsibility (CSR) and business ethics. Give examples from your own and other organisations of the organisational responses to these drivers and make recommendations to move the organisation‚ or your part of it forward in relation to these two topics. Abstract This paper examines the drivers of environmental aspects of CSR and the role that TfL has in driving CSR and business ethics. It considers the roles that public and private organisations
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