SOCIAL RESPONSIBILITY OF PRIVATE SECTOR IN CONTEXT TO INDIA Introduction: the terminology of social responsibility What constitutes the “social responsibility” (SR) of enterprises and other organizations is difficult to define. The ISO Strategic Advisory Group on Social Responsibility (SAG) recognizes that there is no single authoritative definition of the term “corporate/organizational social responsibility‚” and does not seek to provide one. However‚ it notes that most definitions emphasize
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public parks for the children‚ volunteerism‚ and charity awareness.” Through initiatives that Netflix has started in the communities that we share a public space with‚ we have started the Netflix Public Park program. With this program‚ Netflix is investing in the future of our children by providing materials for the building of safe‚ environmentally conscientious parks for the children to enjoy. These parks are built from durable plastics and woods that have been either recycled or of a ‘clean’ environmentally
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December‚ Sydney. Crook‚ C 2005‚ ‘The union of concerned executives’‚ The Economist‚ 20 January‚ viewed 3 February 2007‚ http://www.economist.com/surveys/displaystory.cfm?story_id=3555194. EIA‚ Ethical Investment Association 2006‚ Sustainable responsible investment in Australia — 2006: A benchmarking survey‚ September‚ Sydney. Globescan Inc 2005‚ Definition of corporate social responsibility survey‚ viewed 3 February 2007‚ http://www.globescan.com/rf_csr_first_01.htm. Gujarati‚ D 1999‚ Essentials
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Because of the unique position of shareholders as the owners of the company‚ satisfying shareholder claims typically receives the greatest attention in many corporate mission statements. However‚ should managers only pursue the interests of shareholders‚ while ignoring the claims of other stakeholders. Discuss. No a manager should not only pursue the interests of shareholders because it is important for managers to both pursue the interests of shareholders and all other stakeholders. Although shareholders
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For the first assignment‚ please read Case 2‚ "Starbucks ’ Mission: Social Responsibility and Brand Strength" on pages 319-326. Answer the questions at the end of the case‚ plus this question: In what other ways does this case relate to the concepts that we have learned in the chapters so far? 1. Why do you think Starbucks has been so concerned with social responsibility in its overall corporate strategy? Starbuck is concerned about its social responsibility because it is a very highly visible
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CSR Case Study: The Home Depot Giving back to communities Prepared for: Interdepartmental Working Group on Corporate Social Responsibility (CSR) Corporate Social Responsibility: Lessons Learned Final Home Depot Case Study 1 Corporate Overview Home Depot was founded in 1978‚ and has grown to become the world’s largest home improvement retailer and the second largest retail chain in the USA with total sales of $53.6 billion in 2001. The company employs a workforce of more than 250
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disadvantages of the company. Even though the company has a large carbon footprint‚ I would research how the company mitigates this and how do they make up for it. The company appears to be partaking in a minor form of impact investing. In our text it states “Impact investing is a recently coined term that invokes using investment finance to make an impact for the better across communities and environments” (Fieser‚ Moseley‚ 2012‚ p 10.2). The fact that the company says it uses some of its profits
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Corporate Social Responsibility (CSR) and its importance Definition Corporate Social Responsibility can be define as the idea that socially responsible companies will outperform their peers by focusing on the world’s social problems and reviewing them as opportunities to build profits and help the world at the same time. In other sentence CSR is about how companies manage the business processes to produce an overall positive impact on society. It means company need to answer to two aspects of
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TABLE OF CONTENTS Page Executive Summary 2 1.0 Introduction 3 2.0 Contents 4 3.0 Recommendation & Conclusion 6 4.0 References 7 Executive Summary The purpose of this report is to understand to what extent do organizations engage in CSR for reasons that are connected to marketing and other strategies rather than as purely altruistic
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Macy Inc Introduction Macy is a top company in the Retail Industry specialized has a chain of mid-range American department stores which deals with product such as clothing ‚ footwear ‚ bedding ‚furniture ‚ jewelry ‚beauty product and house wares . It common business activity and principal product or commercial enterprise are classified as being part of the Retail Industry How Macy’s Inc mission ‚purpose and goals communicate a commitment to ethical and business practices .The company is entrusted
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