Unfortunately‚ CSR is a concept that I personally believe the government has left to expectations‚ believing the multinational corporations would do what is ‘right’ by offering certain benefits to the society and the environment. As a result of this approach‚ Corporate and social responsibility has become a forgotten issue thus not playing a vital role in Nigeria as it does in some African countries and the developed world. Both the government and the corporations are happy to maintain that status quo and go
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CSR (Corporate Social Responsibility) is the commitment made by business enterprises towards economic and social development‚ so as to improve the standard of living of the community in general‚ especially their own workforce. When it comes to CSR‚ Coca Cola is undoubtedly one of the biggest contributors of all. All over the world‚ this company has developed and innovated number of ways to reach out to the people and make their lives easier‚ and happier. In India‚ it has provided health checkups
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Corporate Social Responsibility in Banks S.Kavitha[1] Abstract Corporate social responsibility stands for business contribution to sustainable development and covers company’s active participation in different fields‚ human rights‚ human resources‚ relations with clients‚ suppliers‚ and other stake holders‚ corporate governance‚ environment and contribution to community and society. The social responsible attitude is integral part of the identity of financial institutions like banks‚ and it is
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“Corporate Social Responsibility and Ethics” Social responsibility is an idea that has been of concern to mankind for many years. Over the last two decades‚ however‚ it has become of increasing concern to the business world. This has resulted in growing interaction between governments‚ businesses and society as a whole. In the past‚ businesses primarily concerned themselves with the economic results of their decisions. “Today‚ however‚ businesses must also reflect on the legal‚ ethical‚ moral and
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Corporate social responsibility II Business dictionary defines CSR as "A company’s sense of responsibility towards the community and environment (both ecological and social) in which it operates. Companies express this citizenship (1) through their waste and pollution reduction processes‚ (2) by contributing educational and social programs and (3) by earning adequate returns on the employed resources."[11] Corporate social responsibility (CSR‚ also called corporate conscience‚ corporate citizenship
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evaluation matrix is given for the Coca-Cola Company. Steps in the Construction of IFE Matrix 1. In the first column‚ lists down all the strengths and weaknesses. IFE matrix should include 10 to 20 key internal factors. 2. In the second column‚ assign weights to each factor ranging from 0.0 (not important to 1 (most important). Greater weights should be given to those internal factors which have grater influence on the organizational performance. 3. The sum of all weights must
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Corporate Social Responsibility Presentation University Of Greenwich Nguyen Son Hieu‚831580 I. What is CSR? • ‘ The social responsibility of business encompasses the economic‚ legal‚ ethical and discretionary expectations that a society has of organizations at a given point in time ’ [Carroll‚ 1979] • CSR functions as a mechanism to enhance a positive impact on the environment and stakeholders. Types of CSR • CSR takes place in different forms‚ ranging from : - Giving away food or cash to charity
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Challenges to Corporate Social Responsibilities Company: Reebok International Ltd. Student Name: Jedy Wang Student #: 250476511 Teacher Assistant: Mike Dove Due Date: 11/14/2008 Executive Summary The 20th century illustrated a dispersing trend of capitalism as the end of the Cold War illustrated evident economic prosperity in Western countries. Consequently‚ many former Communist countries implemented economic reforms due to the perception that capitalism was the economic ideology
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CSR Case Studies: Coca-Cola 1. Why did Coca-Cola Vietnam chose to work on water projects? Coca Cola is a beverage company‚ a major consumer of water resources‚ it uses 2.43 liters of water to produce just 1 liter of beverage which makes it prone to criticism and consumer boycotts so to protects its brand image and defend its vision statement‚ which said be a responsible citizen‚ and run its business smoothly it decided to start water program to maintain its operations in Vietnam and build a CSR
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are made to measure up to standards of environmental sustainability‚ ethical behavior and governance structures. Questions arise on what else they can do to make poverty history given their access to talent‚ resources‚ technology‚ information and capital. The quality of the company’s response to these questions - the way they express corporate social responsibility - has become as much of an asset as brands‚ plants and cash. Fortunately‚ many corporations are already responding to these challenges
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