Compare And Comparative Analysis Of Volkswagen And H & M

Corporate Social Responsibility (CSR) is something that affects all companies and should be an active factor in the company’s decision making. It is something all corporations need to care about. CSR is when business’ or corporations take part in an initiative or campaign for a cause that will benefit society and/or in some way make the world a better place (Taylor, 2015). Initially, Corporate Social Responsibility started to take shape around the 1950’s, but some say that it dates all the way back to the 1800s, the idea of CSR was seen (Carroll, 2007). One may think that because it is dated so long ago, it doesn’t have an important impact today nevertheless, it is proven that Corporate Social Responsibility is a pathway for entities to self benefit as they are in the process of benefitting society.

Corporate social responsibility (CSR) is the ethical behaviour of a company towards society it operates in. It is a commitment to the concern to the society’s sustainability & development.

CSR involves the company acting in a responsible manner. There is saying by Lord Holme and Richard Watts that states, “Corporate Social Responsibility is 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.” There are many positive effects or benefits a company can receive if they perform CSR activities. Some of these effects include increased morale, commitment, and a better reputation. Companies may also receive some sort of financial benefit depending on their sales to consumers, who strongly value the Corporate Social Responsibility contributions. Although we know what Corporate Social Responsibility is, how exactly do we determine if the company is socially responsible? Well, ask yourself, “Is if good for the people? Is it good for the environment? Is it good for the business? These are all questions you should ask yourself in order to determine whether the company is socially responsible or

Currently, the public right is getting more and more people to recognize in order to create a fair society. Not only the right to have fair trade, but also the opportunity to access the natural environment are the issues that people are care for. Corporate Social Responsibility(CSR) is a fame that encourages the company to consider the environment, financial and social issues into all their work of operations. Pret A Manger and Burgerville are the famous fast food company around the world. They also have high reputation to be excellent CSR company as they have done a lot for our community, environment and their employees, as well as the quality of food. There are some similarity and difference

CSR Stands for: The Corporate Social Responsibility means that any company has the responsibility toward the community such as any social organization, more you work on CSR the more you will build trust and sustainable relationship with people.

Volkswagen is a German car manufacturer headquartered in Wolfsburg, Germany. Established in 1946, is now the second largest automaker in the world. They also have three in the top 10 list of best selling cars of all time to their credit. With many other European companies they had to switch to the International Financial Reporting Standards and in 2007 they prepared their consolidated financial statements in accordance to that. Since then they have followed the International Financial Standards implementing any of the new standards that may arise. Recently in 2014 Volkswagen adopted all accounting pronouncements required to be applied for that fiscal year. These new standards that were implemented are IFRS 10, 11 and 12.

CORPORATE SOCIAL RESPONSIBILITY (CSR) is a term describing a company’s obligation to be accountable to all of its stakeholder in all its operation and activities. Socially responsible companies consider the full scope of their impact on communities and the environment when making decisions, balancing the needs of stakeholder with their need to make profit.

The company I have chosen for my project is Volkswagen. Volkswagen is in the automotive industry. Volkswagen is a German car company that is best known for the “punch buggy” and their diesel model cars. Volkswagen mostly produces cheap to mid-priced cars. Volkswagen has always been one of the most successful companies in the automobile industry.

In the United States, 22-billion new clothing items are bought by Americans every year. Many people buy clothing as new styles are brought in and made popular, and they dispose of their clothes. This is a huge problem as, the fashion industry is the second largest polluting industry in the world, the only industry that creates more pollution is the oil industry. The growing of raw materials, dyeing, manufacturing, shipping, and disposing of clothing all contribute greatly to how big of an impact the fashion makes on our environment. The harmfulness of the fashion industry is largely in part due to the fact that fashion companies and retailers want the most clothes for the cheapest so that they can make the largest profit possible, while ignoring the impacts of doing such.

GM has developed an Enterprise Demand Sensing Research Program to investigate methodologies and drive a collaborative decision-making framework. The program aims to improve the decision-making of the enterprise in procurement, manufacturing, marketing, sales, and logistics (Truss, Wu, Saroop & Sehgal, 2006). To enhance enabling technologies, GM places considerable importance on internal communication. GM launched some major efforts to communicate throughout the organization. These included roundtable discussion groups, and the training of managers

Corporate Social Responsibility (CSR) is about how companies manage their business processes to produce a positive impact on society. Companies introduce new products in markets, usually after testing

Volkswagen AG is one of the largest marketers when it comes to automobiles. The products of the company are available all over the world. However, they are only the third largest automobile marketer in the world, behind Toyota and General Motors. Volkswagen is a major sponsor for several sports such as soccer, the summer Olympics and the winter Olympics. The company is always attempting to be innovative in developing new automobiles that will help customers around the world to have a better, safer and more environment friendly driving experience. (Volkswagen AG, 2015, http://www.sourcewatch.org/index.php/Volkswagen) But not only does the company attempt to become more innovative when it comes to their product, the Volkswagen AG is also a great example when it comes to their human resource department. The Volkswagen AG is “known for their innovative approach when it comes to human resource solutions” (Volkswagen AG, 2015, http://costkiller.net/tribune/Tribu-PDF/Volkswagen-Implements-Innovative-HR-Programs-with-mySAP-ERP-Human-Capital-Management.pdf). This innovative approach to human resource management is one reason why the Volkswagen AG has positioned themselves so well in their industry.

Corporate Social Responsibility, or CSR, is an initiative companies voluntarily take part in to give back to the local and global community. There are numerous domains of corporate social responsibility, such as environmental conservation and sustainability, diversity and equal employment opportunity, and volunteer service projects and charitable giving. The number of companies embracing the practice of corporate social responsibility has increased in recent years, as the public has formulated higher expectations that companies act responsibly. Numerous companies have given in to this pressure and have adopted policies to show the public that they value the different domains of CSR. However, despite this attempt to become more socially responsible, companies may excel in some areas while they lag in others, leading to a mixture of both positive and negative CSR within the same company. Daimler is one company that has both positive and negative CSR practices, with the company leading by

With the spread of social marketing and CSR in the world, organizations tend to not only consider the consumers’ demands and the companies’ profit, but also take the consumers’ and societies’ long-term benefit into account. Hildebrand,D,et,al (2011) demonstrated that the CSR activities can make up the central, special and core characteristics of the company identity, the identification of the corporate can also be aroused due to CSR activities. Moreover, Porter and Kramer (2006) highlighted that CSR can aid companies create the ability to achieve corporate resource so as to build a sustainable and defensible competitive position. So the companies should consciously undertake corporate social responsibility.

CSR stands for Corporate Social Responsibility and it is a concept with many definitions and practices and also a buzzword in the media. In general, corporate social responsibility is the policies and programs of business corporations which tend to benefit society while improving a corporation’s public image and profitability at the same time. The meaning of it is implemented in different countries and companies differently.