Companies have a social responsibility to perform and behave in particular ways. A company has a responsibility to ensure that any stakeholder’s needs are being met. The Toyota Corporations history and goals are as follows; “Toyota Motors is a Japanese automobile manufacturer founded in 1933. Toyota accounts for 78 percent of all the hybrid gas/electric cars sold in the United States. They are working to become the largest car-seller in the world‚ and in the first quarter of fiscal year 2007‚ for
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Corporate Social Responsibilities Tony Fernandes‚ CEO of Kuala Lumpur-based Air Asia started a low-cost airline at a time when everyone thought he would fail. He placed high emphasis on his workforce and flexible HR strategies. During the past few years‚ Air Asia has become one of the best low-cost airlines in Asia and it has also boosted its CSR efforts. Fernandes’ basic sense of CSR starts with his people: Air Asia was one of the first airlines in Asia to hire female pilots. He says that his staff
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RESEARCH ARTICLE Social Responsibility towards Labour Welfare in Singareni Collieries Company Limited 1 P. Swapna* ABSTRACT This attempts at addressing the aspects of social responsibility of the business in light of labour welfare with special reference to Singareni Collieries Company limited. The linkages and the ethical considerations involved in employee welfare have been addressed with implications for labour welfare. The concept of social responsibility in its narrow contours has
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consistent management‚” M&T Bank demonstrates how doing ordinary business benefits society around them. M&T Bank’s policies on Equal Employment Opportunity (EEO) complete the necessary requirement of Mandated Actions under their scope of Corporate Social Responsibility. They state‚ “it is the policy of M&T Bank to provide equal employment opportunities – without regard to race‚ color‚ national origin‚ religion‚ ethnicity‚ sex‚ gender identity‚ age‚ disability‚ citizenship‚ pregnancy‚ veteran status‚
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business and society that does not treat corporate growth and social welfare as a zero-sum game. They introduce a framework allows business to identify the social consequences by their actions; to discover opportunities to benefit society as well as themselves by strengthening the competitive context in which they operate; to determine which CSR initiatives they should address; and to find the most effective ways of doing so. Perceiving social responsibility as an opportunity rather than as damage
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Introduction Trend towards triple bottom line reporting is undisputed. Especially for many public corporates‚ there is always a separate sustainability reporting when releasing the annual reports. For small and medium businesses‚ there is also information about social and environmental effects in annual reports‚ provided to stakeholders. But there are still many challenges‚ which impede businesses addressing triple bottom line reporting. This essay will briefly discuss the major challenges of triple
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THE RECALCITRANT DIRECTOR AT BYTE‚ INC.: CORPORATE LEGALITY VS. CORPORATE RESPONSIBILITY BACKGROUND OF THE CASE (INTRODUCTION) Byte products have three existing plants operating at full capacity (24 hours a day & 7 days a week). The new plant proposed to be built in the South Western US will require 3 years before it is fully on line. This means that byte cannot meet the anticipated demand for its products. Alternative courses have been exploded- 1.) Licensed byte products and technology
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Part A - Challenges of responsible business Introduction With the globalisation of world business‚ China has become an appealing market for foreign investors (Zhang‚ 2004); a large number of these entered the Chinese market by forming joint ventures or participating in mergers and acquisitions. The development of cross-national business‚ on one hand‚ has created tremendous opportunities for global collaboration among different countries; on the other hand‚ however‚ it has also created a unique
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Introduction Definition of the business Retailing encompasses the business activities involved in selling goods to consumers for their personal‚ family‚ or household use. It includes every sale to the final consumer—ranging from apparel to movie tickets to books to home appliances. Retail stores include diverse sorts of shops‚ from kiosks and small groceries to supermarket chains and large department stores. Retailing is the last stage in the distribution process. In addition to traditional bricks-and-mortar
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CHAPTER – I This chapter seeks to discuss the concepts of marketing with details thereof and need for the present study. Introduction to Marketing: Never‚ a producer directly approaches to the doorsteps of consumer for his products‚ goods and services. Mean while never a consumer directly knocks the doors of the producer for his needs‚ wants and desires. In this crucial juncture the Marketing Department plays a dominant role to create and develop an exchange relationship between
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