Tutorial 1-Read the ETHICS FEATURE. Corporate Social Responsibility for Competitive Advantage. Summarize the reasons why companies are adopting corporate social responsibility initiatives. What arguments support the pursuit of social initiatives by business organizations and what arguments suggest that the role of business is primarily to make profits? My view: The Corporate Responsibility (CSR) debate is very topical. In the past when considering corporate philanthropy (charitable giving by companies)
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Corporate Social Responsibility (CSR): Bangladesh Perspectives Corporate means formed into an association and endowed by law with the rights and liabilities of an individual. Social responsibility is an ethical ideology or theory that an entity‚ be it an organization or individual‚ has an obligation to act to benefit society- at- large. This responsibility can be passive‚ by avoiding engaging in socially harmful acts‚ or active‚ by performing activities that directly advance social goals. To
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Social Responsibility is the new buzz word in the world of business. “It’s no longer a question of if companies should engage in [corporate social responsibility]. It’s now a question of to what extent will they do so […]‚ “says Alison DaSilva‚ executive vice president for research and insights at Cone Communications (Brooks). The question‚ however‚ is not whether or not companies should be socially responsible‚ but how is that society defined and how is that social responsibly determined. In their
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Sprint Nextel’s social corporate responsibility has been analyzed from an external standpoint. The following report contains relevant information in the areas of Sprint Nextel’s employees and customers‚ community and environment involvement‚ and ethics and governance. Disclosed information composed by external analysts are compiled and summarized. This external information is critical to capture a company’s true image. Sprint Nextel: Corporate Social and Environmental Responsibility External Analysis
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Social Responsibility | This Document Differentiates And Defines Core Social Responsibility Concepts‚ How They Intertwine The Views Of Such‚ While Debating The Benefits Of Social Responsibility In The Corporate World. | | Shannon McDermott | 11/20/2012 | Course: Introduction to ManagementLecturer: Miss. Grant | This Document Differentiates And Defines Core Social Responsibility Concepts‚ How They Intertwine The Views Of Such‚ While Debating The Benefits Of Social Responsibility In
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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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“The social responsibility can be defined as the obligation of the organization to act in ways that serve both its own interests (making a profit) and the interests of its stakeholder.” (Sandy Millar‚ Christopher Theunissen‚ 2008‚ P69) Socially responsible organization takes action to ensure that their activities do not affect any of the stakeholders in a negative way. The McDonald’s is the leading global foodservice retailer with more than 30‚000 local restaurants serving 52 million people in more
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Case Content/Instructions 1. Introduce the organization/company‚ the case‚ and provide a brief history of the organization. 2. 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)
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Why do companies engage in corporate social responsibility? ~ Companies engage in CSR in order to maintain a business on track to do the right thing. However‚ there’s three reasons that keeps a business engage with CSR. Pragmatic‚ where the term "use power or loose it" is used ‚ this mean that if businesses are not responsible certain advantages could be taken away. Ethical reason‚ is when businesses have a responsability to behave ethically‚ this mean that executives’ duty is to care
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Abstract This paper is a view on how to approach the CEO‚ directors and managers of a potential defective product. It will provide insight on the process of identifying the product‚ potential recall and the responsibility to notify the consumer. A Corporations Social Responsibility to Stakeholders Introduction One of the many things a manufacturing company has to worry about is producing defective products. If a company has produced defective products
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