Corporate Social Responsibility is a corporation’s policies that necessary to evaluate and must be responsible for the company’s effects on environmental and social well being. (1) It also refers to a business practice that involves participating in activities that brought advantage to society and environment.(2) At Sunway‚ corporate responsibility is fully aligned with its business strategy and it is a vouchsafement that inveterate in its culture.(3) Sunway comprehends that the communities it serves
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Report on responsibilities of young married professionals. The table shows the results /percentage of parental and household responsibility of young married professional that carried out by a survey in 1990 and 2010. In 1990‚ the data shows that there are imbalances of percentages of males and females from shopping for groceries. However‚ in 2010‚ the percentage was fairly distributed which 50 per cent males and 50 per cent female are responsible to do that task . For the responsibilities of preparing
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Company Q and Social Responsibility EST1 Evaluation Company Q’s attitude toward social responsibility reflects a negative reputation on them as a corporation in their current community. The geographical location in a major metropolitan area should sustain the business with a solid consumer base and maintain reliance of current investors. However‚ they closed two stores in high crime areas for consistently losing profits‚ waning investor trust and damaging employee faith. The decision to close
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seen that the marketing strategy implemented by Gap Inc. and Mango Clothing is pivotal to their excellent performance not just globally but specifically in Malaysia. Both Gap Inc and Mango Clothing have a lot in common despite the fact that while Gap is American‚ Mango Spanish. Beyond this‚ the world is drastically becoming a global village and this can be seen in the adoption of similar strategies by both companies. The items discussed in this report are basically the market segmentation‚ target‚
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What is Corporate Social Responsibility (CSR) and Sustainable Business? A Definition of CSR Corporate Social Responsibility (CSR)‚ Corporate Responsibility (CR) or Sustainable Business are commonly heard‚ but rarely understood‚ phrases. So what does it all mean? CSR is the process of assessing an organization’s impact on society and evaluating their responsibilities. CSR begins with an assessment of a business and their: * Customers * Suppliers * Environment * Communities
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labor market average. In State Bank case‚ however‚ tellers would be happier‚ as they are being paid a higher wage than the competitor banks. The situation for tellers at State Bank is an above-market compensation‚ which will result in lower turnover of tellers. It will be a bigger concern for the bank to override the internal equity. Having that said‚ raises for the tellers can be based on individual plan depending on factors like work load‚ or responsibility. 2. How much faith should the HR committee
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that I personally believe the government has left to expectations‚ believing the multinational corporations would do what is ‘right’ by offering certain benefits to the society and the environment. As a result of this approach‚ Corporate and social responsibility has become a forgotten issue thus not playing a vital role in Nigeria as it does in some African countries and the developed world. Both the government and the corporations are happy to maintain that status quo and go on with business as usual
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bring about leadership‚ work culture and literacy. Ethic are beliefs about what’s right or wrong and good or bad based on individual’s values and morals‚ plus a behavior social context. Ethical behavior conforms to individual beliefs and social norms about what’s right and good. Unethical behavior conforms to individual beliefs and social norms about what’s wrong or bad. Business ethics refers to ethical or unethical behavior by employees in the context of their jobs. Ethics are talked about frequently
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Corporate social responsibility II Business dictionary defines CSR as "A company’s sense of responsibility towards the community and environment (both ecological and social) in which it operates. Companies express this citizenship (1) through their waste and pollution reduction processes‚ (2) by contributing educational and social programs and (3) by earning adequate returns on the employed resources."[11] Corporate social responsibility (CSR‚ also called corporate conscience‚ corporate citizenship
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Rethinking the Social Responsibility of Business By Thomas Malthus (See note at the bottom of the page) Thirty-five years ago‚ Milton Friedman wrote a famous article for The New York Times Magazine whose title aptly summed up its main point: "The Social Responsibility of Business Is to Increase Its Profits." Friedman had no patience for capitalists who claimed that "business is not concerned ’merely’ with profit but also with promoting desirable ’social’ ends; that business has a ’social conscience’
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