Social Responsibility? The theory of corporate social responsibility (CSR) is best elucidated by the statement that a company should take a wider view of how its actions and success impact society and stakeholders. CSR identifies that "doing well" and "doing good" go hand in hand. (Leadership and CSR: a Perfect Match). A commonly used definition provided by the World Business Council for Sustainable Developement states that CSR is "Continuing commitment by a business to behave ethically‚ and contribute
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CSR COMMUNICATION IN THE PHARMACEUTICAL INDUSTRY AN ANALYSIS OF THE WEBSITES OF THREE PHARMACEUTICAL WHOLESALERS MASTER THESIS Author: José Javier Levrino (JL82847) Supervisor: Anne Ellerup Nielsen MA in Corporate Communication Århus‚ Denmark. August 2010 CSR COMMUNICATION IN THE PHARMACEUTICAL INDUSTRY José Javier Levrino Table of contents Abstract 1. Introduction 1.1 Motivation 1.2 Problem statement 1.3 Delimitation 1.4 Methodology 1.4.1 1.4.2 1.4.3 1.4.4 Scientific paradigm: hermeneutics
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A socially responsible corporation would try its best to satisfy all needs and make opportunity accessible for all levels of the people. The corporation will greatly benefit from the local community. Question 2 Corporate social responsibility (CSR) defines as a business’s concern for society’s welfare and aims at the long-term sustainable growth. The way I see it‚ these two selected items from “Customers and Communities” checklist place more attentions on general public’s well-beings and care
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Michael Porter 5 Forces Porter’s five forces of competitive position analysis is a simple framework for assessing and evaluating the competitive strength and position of a business organization that formed by Michael E. Porter of Harvard Business School in 1979. Basically‚ the concept of this theory is actually based on the five forces model that uses to determine the intensity of competition and market attractiveness. Therefore‚ strategic analysts are often to use Porter’s
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1. Reading for this Lecture Porter M. (1990)‚ The Competitive Advantage of Nations‚ Chapters 3&4 2. Why Location Matters The ways that firms create and sustain competitive advantage in global industries provides the necessary foundation for understanding the role of the home nation in the process. There are five premises we must understand relating to national advantage: 1) The nature of competition and the sources of competitive advantage differ widely among industries and industry segments
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world. The gay community had finally liberated themselves from the confines and hatred of a society that still believed homosexuality was a sickness. Thus‚ when rumors began to emerge about a type of violent cancer that only affected the gay community‚ both the gay community and stereotypically heterosexual society tried to suppress and ignore the increasing diagnoses and deaths. Enter: Larry Kramer. Larry Kramer was a gay author and playwright who was not an activist in the gay movement until a night
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Evaluating CSR of Walmart Walmart founded by Sam Walton in 1962 is a multinational retail corporation‚ with the opening of the first Walmart discount store in Rogers‚ Arkansas (US). As the nation’s largest retailer and second largest corporation‚ Walmart has the significant influences on the retail world. It offers to its customers a one-stop shopping experience because it has a full offering of groceries and general merchandise in a single store. Now Walmart consists of over 110‚000 stores and
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Porter Five Forces Analysis One of the most effective ways to measure the level of attractiveness of medical device industry is Porter Five Forces Analysis. According to porter (2008)‚ there are five forces that influence the level of profitability of any industry; therefore‚ companies must obtain sustainable competitive advantage in order to survive. These forces are rivalry‚ threat of substitutes‚ threats of new entrants‚ supplier power‚ and buyer power. (Porter‚ para 3) Rivalry The medical
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What is CSR? To what extent is there a business case for CSR? In the late 1960s and early 1970s‚ the phrase ‘Corporate social responsibility’ (CSR) came into public view. This essay will describe that what CSR is and how much profits will be taken in business for CSR. Nowadays‚ companies not only sell their products but also give back to the society such as being active in the charity drive‚ solving environment problems‚ spending money to making infrastructure and helping other people achieve
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CSR Apple is making genuine strides in the direction of environmental friendliness by designing for energy efficiency‚ reducing packaging‚ and using recycling materials. Its websites also releases an extensively breakdown of company’s annual corporate carbon emissions. Apple says it emits 10.2 million tons of carbon emissions annually. Meanwhile‚ HP says it releases 8.4 million tons annually and it was just named the best S&P companies for the planet by Newsweek. Dell came in second and
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