Provide a clear‚ concise statement of the problem(s)/issues(s). 3. Identify primary and secondary internal and external stakeholders affected‚ describe their stakes in the issue‚ analyze the situation for effect on these stakeholders‚ and describe the issues and impact from the stakeholders’ views. 4. Summarize the primary and secondary ethical issues(s) involved. 5. Describe the organization’s strategy in dealing with this issue(s)‚ critique the strategy/actions taken‚ using facts
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Re-take exam IB55 29 Jan-05-Feb 2013 OPTION 2 This is the mandatory Cover Page to be attached to your exam paper if you choose to work with OPTION2 Dynamic Corporate Social Responsibility: Apple‚ Inc. Marcello Montrone INTRODUCTION The social psychologist Kurt Lewin (1890-1947)‚ once wrote: “There is nothing as practical as a good theory”. According to this saying we tend to consider theory very important and that it can be helpful to guide us on the correct way. This
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To what extent is Corporate Social Responsibility (CSR) beneficial to a company’s performance? 1. Introduction As the magnitude of social and environmental implications of corporate activities is being recognised‚ there has been growing interest in corporate social responsibility (CSR). Business for Social Responsibility (BSR) defines CSR as “achieving commercial success in ways that honor ethical values and respect people‚ communities‚ and the natural environment.” Over 90% of the Fortune 500 companies
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scenario and more competing corporations of the world. Corporate social responsibility is also referred as corporate conscience‚ corporate citizenship‚ social performance‚ sustainable responsible business/responsible business and so on by scholars and business leaders. CSR is basically a concept whereby companies decide voluntarily to contribute to a better society and a cleaner environment. CSR is a process with the aim to embrace responsibility for the company’s actions and encourage a positive impact
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increase to 50% and waste reduction would begin in nine of its top markets. McDonalds would begin updating equipment in 20% of the company-owned restaurants to reduce energy consumption in seven of its top markets (McDonalds Corporation‚ 2018‚ 2020 Corporate
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Mr. Kevin Lamb Dated: 3rd October 2011 1. What is the general area that you are interested in? Corporate Responsibility (CR) has emerged as a significant theme in the global business community and is gradually becoming a mainstream activity‚ according to a new survey by the Economist Intelligence Unit‚ in cooperation with Oracle Corporation. The growing emphasis on corporate responsibility is affecting the relationship between companies and their various stakeholders‚ such as investors‚ customers
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Implementing Corporate Social Responsibility Programs Nowadays‚ with the development of the consciousness of Corporate Social Responsibility‚ organizations would like to expand their positive influence on the environment‚ consumers‚ employees‚ communities and investors. It has become a business necessity to make people focus more on an organization’s decisions and their broader impacts (Greenhalgh‚ 2009). Rogers and Bell can serve as good examples in implementing Corporate Social Responsibility programs
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The Benefits and Costs of Corporate Social Responsibility – Critique The article focuses on why companies engage in corporate social responsibility and the costs and benefits that may result. The many reasons that motivate companies to include CSR in its operations range from wanting to be good global citizens‚ trying to look good in the eyes of different stakeholder groups‚ trying to retain employees‚ drawing consumers to buy a company’s products or services‚ environmental concerns‚ or trying
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Name Institution Course Date Ethics and Corporate Responsibility in the Workplace and the World Introduction Today’s world is corporate world since we either work their consumers their product or live around one. These corporates should maintain good ethics on the people working for it the surrounding community and their consumers. They should uphold their corporate responsibility by give back to the community and making sure they conserve the environment in all their processes (Frederick
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#33: The Case of the Fired Waitress 5. CSR ANALYSIS In this case we could not really judge if the company focused on ethical‚ legal‚ and philanthropic corporate social responsibilities all together. But they did mention about Red Lobster’s and its employees ethical and legal responsibilities. The case did not mention if Red Lobsters support any social causes or do any volunteers for the community. Therefore‚ we cannot judge whether or not Red Lobster was responsible socially or philanthropically.
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