Social responsibility is defined as the organizations obligation to maximize their positive impact on stakeholders‚ and to minimize their negative impact on stakeholders. Social responsibility embodies what is fair as well as represents stakeholder’s rights. Companies have the social responsibility to be profitable‚ to obey the law‚ to be ethical‚ and to be philanthropic. For example‚ social responsibility has a strong relationship with profitability because if a company’s image or conduct is questionable
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relevant amount of literature regarding social responsibility of corporate management‚ mainly articles and academic publications‚ has been produced in the last decades. Depending on the source‚ however‚ different understandings‚ approaches‚ and interpretations stand out clearly. The web is also rich of material that‚ while at a first impression may seem “marketing” oriented‚ is often directly related to the widely disputed concept of Corporate Social Responsibility (CSR). Within this considerable
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The research register for this journal is available at http://www.mcbup.com/research_registers The current issue and full text archive of this journal is available at http://www.emerald-library.com/ft How important are ethics and social responsibility? A multinational study of marketing professionals Anusorn Singhapakdi and Kiran Karande College of Business and Public Administration‚ Old Dominion University‚ Virginia‚ USA How important are ethics? 133 Received September 1998 Revised
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A pair of “Air Jordans” cost Nike about $16 dollars to produce‚ which gives Nike a gross profit of $164 per pair‚ about 90%‚ before marketing expenses. Nike’s athletic shoes used to be manufactured in Massachusetts. However‚ now they’re all made overseas‚ largely from Indonesia‚ where workers earn $4 per day‚ barely enough to pay transportation‚ shelter‚ health care‚ and a decent meal‚ and they can only dream of buying a pair of Nikes for themselves. In this situation‚ is Nike being unethical? The
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Transnational corporations‚ CSR and the course of Maersk Roskilde University Corporate Social Responsibility & Business Ethics Autumn 2011 Anders Buch Nielsen 1 Table of content ABSTRACT INTRODUCTION PROBLEM AREA PROBLEM FORMULATION METHODOLOGY DELIMITATIONS THEORETICAL PART A. P. MOELLER MAERSK GROUP CASES AGAINST MAERSK CONCLUSION REFERENCES 3 4 5 5 5 6 7 10 11 15 17 2 Abstract Corporate Social Responsibility (CSR) has become the new buzzword and a key differentiator which companies can
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Company makes in relation to business ethic and social responsibility. Among the stakeholder affected are the employees this is because ethics and social responsibility are all about comportment in mind the full weight of any corporate verdict. Employees are affected by the decisions the company makes and a social responsibility the company is involved. Macy‘s performance in terms of business ethics‚ in a scale of 1-10 it 8/10 .Social responsibility in a scale of 1-10 it 10/10‚ with so much involvement
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TABLE OF CONTENTS Social Media; Professional Ethics and Responsibilities .................................................................................................. 3 References ......................................................................................................................................................................................... 4 Appendix A – Survey Questions ...........................................................................................
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scandals‚ business organizations have incorporated business ethics codes and social responsibility programs as part of their strategy to boost their public image and reputation in the community along with the reduction of potential legal fees or financial settlements resulting from legal actions against the organization. Ethics refer to the fundamental principles of an individual or a group. Social responsibility is how a business performs its activities to meet its wider obligations toward
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Corporate Social Responsibility in the Textile Industry International overview Michiel van Yperen Amsterdam‚ 2006 IVAM research and consultancy on sustainability Roetersstraat 33 - 1018 WB Amsterdam - Postbus 18180 - 1001 ZB Amsterdam Tel. 020-525 5080‚ Fax 020-525 5850‚ internet: www.ivam.uva.nl‚ e-mail: office@ivam.uva.nl I N T E R N A T I O N A L O V E R V I E W C S R I N T H E T E X T I L E I N D U S T R Y 1 Contents 1. CORPORATE SOCIAL RESPONSIBILITY (CSR) 2 1.1 Introduction to
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• Lecture 03: • Ethics & Social Responsibility Tutor: KW CHING kwching@ntu.edu.sg kwching@singnet.com.sg The environment creates uncertainty for managers Managers must respond and design adaptive organizations Uncertainty – managers do not have sufficient information about environmental factors to understand and predict environmental needs and changes 2 Management as an Integrating Activity Individuals – Organization – Environment Environment (Forces) Organization (Design ) Individuals
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