Question 1 Corporate Social Responsibility (CSR) is going beyond compliance to the law. It is an obligation for a business to pursue long term goals that are good for society and it is about how a company manages its business to produce an overall positive impact on society. The triple bottom line of CSR encompasses three pillars‚ namely people‚ planet and profit. It encapsulates an extended array of components that measure that organisation’s performance‚ which are social‚ environmental and financial
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Corporate Social Responsibility in the Textile Industry International overview Michiel van Yperen Amsterdam‚ 2006 IVAM research and consultancy on sustainability Roetersstraat 33 - 1018 WB Amsterdam - Postbus 18180 - 1001 ZB Amsterdam Tel. 020-525 5080‚ Fax 020-525 5850‚ internet: www.ivam.uva.nl‚ e-mail: office@ivam.uva.nl I N T E R N A T I O N A L O V E R V I E W C S R I N T H E T E X T I L E I N D U S T R Y 1 Contents 1. CORPORATE SOCIAL RESPONSIBILITY (CSR) 2 1.1 Introduction to
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position‚ occupy a functional leadership position‚ you can be specialist‚ etc. Philips says it’s giving its employees freedom to develop and improve their skills and talents‚ it is challenging them to grow. Its employees therefore‚ are given an high responsibility‚ but they can also contribute their new ideas. Because when you work at Philips‚ “you need to be willing to take ownership of your projects and feel accountable for delivering superior results.” Philips says it’s trying to attract diverse people
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The analysis of corporate social responsibility (CSR) |Yayasan Sime Darby | | | | | | |Yayasan Sime Darby is a foundation that was set up in July 2008. It is linked to‚ yet partially independent from‚ Sime Darby Berhad. | |Although
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esNo progress was made from the 2005-2008 survey So there was little impact made in the way of ethical behavior There was a little change though in specific areas * New Rigor We are going to run into these situation and we are not being trained to do what we run into them We are now trying to be prepared for those situation MBA training for ‘value conflicts’ 20% not at all‚ 58% somewhat Conflicts arise every three months Trying to get business schools to inject some kind of trying
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1.0 Description of Initial Response Responsible business normally is known as Corporate Social Responsibility (CSR). In today’s world‚ most businesses are focusing on profitability ignoring all social responsibility they should contribute back. It is important for companies to gain trust from the community in return of CSR. Three major personal core values that I think a ‘responsible business’ should have are empower‚ professionalism and commitment. First of all‚ when a company able to empowering
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2010. Sappi Sustainable Development Report 2010. [Online] Available at: http://sappi.investoreports.com/sappi_sdr_2010/case-study/people/kwadukuza-resource-centre-celebrating-ten-years/ [Accessed 1 March 2013]. * Sappi‚ 2013. Sappi Corporate Social Responsibility. [Online] Available at: http://www.sappi.com/regions/sa/SupportAndSponsorships/CSR/EducationLiteracy/Pages/default.aspx [Accessed 28 February 2013]. * Sappi‚ 2013. Sappi KwaDukuza Resource Centre. [Online] Available at: http://www.resourcecentre
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Week 3 Assignment Business Ethics and Corporate Social Responsibility Professor Michael Wasson BUSN-115-61763 Introduction to Business & Technology Rosalind M. Stift 03/23/2014 The United States has several laws that are intended to further fair‚ balanced‚ and competitive practices. I do feel that these laws are effective in many ways. Some of those ways I will pin point in the next few paragraphs. These laws include some major concepts of law. Some of these
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Social responsibility is defined as the organizations obligation to maximize their positive impact on stakeholders‚ and to minimize their negative impact on stakeholders. Social responsibility embodies what is fair as well as represents stakeholder’s rights. Companies have the social responsibility to be profitable‚ to obey the law‚ to be ethical‚ and to be philanthropic. For example‚ social responsibility has a strong relationship with profitability because if a company’s image or conduct is questionable
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21st century has proven to be an interesting period for businesses. With the invention of social media and the availability of information on-demand through the internet and mobile devices‚ businesses are constantly facing scrutiny from the public eye in regards to how they conduct themselves. Gone are the days of the 90’s when a business didn’t have to place much emphasis on their ethical responsibilities. Today however‚ a business must be very precise and careful in how it operates. Whether it
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