Today‚ Corporate Social Responsibility (CSR) is much wider concept than just donations and philanthropy. It is viewed as a way of doing business‚ identified with the strategies and standards of business conduct that companies follow in their business. While focused on creating shareholder value‚ the companies seem to be equally focused on CSR for various reasons like - attracting socially responsible investors‚ customer group‚ marketing‚ branding‚ enhanced employee relations and Tax incentives.
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I. De Leon School Foundation II. Rationale : Background of the Problem Philippines – “The public school system lacks 143‚281 classrooms this year 2011”‚ Aurora Rep. Juan Edgardo Angara said. Angara also said public schools also lack 101‚612 teachers‚ 2.72 million chairs‚ 119‚296 toilets‚ and 66.63 million textbooks. One perennial problem is the lack of classrooms all over the country. With the K+12 system‚ DepEd will add 2 more years to high school before a student can start college. Before
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What are the arguments for and against the concept of corporate social responsibility? Where do you stand‚ and why? An argument for corporate social responsibility is that many think they should assume the role because it states they they are thinking of the people and how they are creating a win/win situation. Those that are against are purely looking at the bottom margin and look no further or care. For me I am all for it. It states that they do care about were they do business‚ how
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Abstract Corporate social responsibility has taken on a very important role within the Union Cycliste Internationale (UCI). A number of scandals have rocked the organisation in recent years and the credibility of the organisation has been placed in serious doubt. This essay evaluates the organisations commitment to corporate social responsibility and to its stakeholders. The essay concludes in the past the UCI was dominated by its board of directors while not considering the views of stakeholders
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‘CSR isn’t Charity’ I could hear the sound of my wall-clock ticking and when it was blowing up at 11 pm‚ the one that I had been waiting for was online on Skype. At this very late at night‚ an ordinary 26-year-old girl should tuck into her bed and sleep tight; however‚ she just came back home and had her dinner. Being busy with her position as Practice Head of T&A Ogilvy Vietnam‚ managing a group of practical and rigid technological-related clients‚ she is supposed to be stressed out. However
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Corporate Social Responsibility Being a company that prospers is very much different than a company that is consistently following a guided work ethic while making revenue. Companies these days may participate in under the table schemes or anything to make that extra buck. Very a few industries willingly follow corporate social responsibility. Corporate social responsibility (which will now be referred to as CSR) is a business firm’s intention‚ beyond its legal and economic obligations‚ to do the
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Corparate Social Responsibility Background Lord Holme and Richard Watts from The World Business Council for Sustainable Development in its publication Making Good Business Sense defined Corporate Social Responsibilty as the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large (Corporate Social Responsibilty 2004). UMW’s Corporate
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Corporate Social Responsibility Practices in Firms and Corporate Image Abstract Corporate Social responsibility is one of the ways for firms to show that they care about their environment‚ employees and customers. Why is this important for companies to show that they care about their environment? Competition is fierce in the telecommunication market having companies like ‘Alice’ an American telecommunication company that entered the German market providing telecommunication services like Internet
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PULMUONE A way to feed “My family” safe food BACKSTORY Pulmuone is a famous Korean food-related company that focuses its business on producing healthy food such as tofu‚ vegetable juice‚ and bean sprout etc. In 2004‚ one of Pulmuone’s suppliers had confessed that it had scattered pesticides on vegetables to look good. In addition to Pulmuone’s incident‚ other food-related business revealed unsafe issues. As a result‚ Pulmuone’s sales had dropped down. Consumers’ distrust in food industry was
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Morrisons recently published last April its "Corporate social responsibility report" (CSR report‚ 2006) for the previous financial year. The report puts high regard on Morrisons’ effort to minimise the impact of its business operations on the environment. Moreover‚ the report stresses the catering of the interests of its "key" stakeholders‚ namely its customers‚ suppliers‚ colleagues and shareholders. Recalling way back before it completely took over the ownership of Safeway in 8 March 2004‚ Morrisons
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