Corporate Responsibility Through Improved Community Involvement

In business, Anne Lawrence and James Weber (2014) identify enlightened self-interest as a corporation’s recognition that using corporate resource to serve others, including customers, employees, and the community as a whole, is in the best interest of the company. This social responsibility enhances the company’s image within the community, which increases both customer loyalty and satisfaction of employees. Some of the ways that businesses serve others is through philanthropy and backing environmental sustainability. Within his lecture on ethics and corporate responsibility, Dr. Kahlib Fischer (n.d.) encourages the importance of corporate social responsibility (CSR) in that it provides mutual benefit to both the organization and the community.

It is often said that a structure is only as strong as its foundation. This same principle can be applied to a business. In this case, the foundation is the stakeholders and the company’s corporate social responsibility strategies, both of which play a crucial role in the long-term success (or strength) of the company. Bombardier is a Canadian aerospace and transportation company which was founded in 1942 in Valcourt, Quebec as a snowmobile company. As its success grew, Bombardier expanded into one of the world’s leading transportation manufacturers; a multinational company, and evidently a highly successful one. The focus of this report, however, will not be on the overall success of the company, but on the company’s disposition

To prosper over time, every company must not only deliver financial performance, but also show how it makes a positive contribution to society. Companies must benefit all of their stakeholders, including shareholders, employees, customers, and the communities in which they operate” (Straub,

The long-held belief that a business exists for the only purpose of generating profits for shareholders is quickly going by the wayside, as it becomes increasingly evident how much of an impact organizations have on communities and society. The ability of any enterprise to balance the ethical and economic factors and their respective agendas to joint fulfillment is the foundation of highly profitable and sustainable business for the long-term (Robert, Kodua, 2012). Staples, Inc., has one of the most advanced Corporate Social Responsibility (CSR) programs in the retailing industry today. The Soul Program at Staples is based on a foundation of four pillars which include Community, Diversity, Ethics and Environment. Staples has taken these four foundational elements and successfully integrated them into the culture of their corporation, transforming them into a long-term competitive advantage (Field, 2009). The idealized state of CSR Programs is to provide an agile, intelligent framework for integrating economic- and ethically driven programs effective (Robert, Kodua, 2012). Staples has done this by creating a culture of accountability, one that is defined by scorecards that measure highly specific objectives in each of these four pillar areas, in addition to benchmarking the company's own performance at diversity program attainment, training, and a continual focus on attaining higher levels of delivered value

LO 1.1: Briefly explain how the globalization has an impact on a national economy ......... 3

I seek to create a reading rainbow classroom community. I believe the three most important characteristics and/or behaviors I strive to help develop are language and literacy development, social and emotional development, Phonemic awareness, Reading comprehension, Fluency (oral reading) and vocabulary development because learning to read may be a challenge but with early help most reading problems can be prevented. Children’s reading skills are important to their success in school and work. These characteristics are important because if a child has difficulty with language and literacy and the way he articulates his words when pronounced he may be lost in

Regardless of society’s perceptions and perspectives, the company continuously makes decisions in a manner of christian principles. The article states how the company establishes a platform to continue making differences in serving others: they raise awareness by having shoes drives and giving out Christmas gifts during the holiday season. Chris, the CEO of the company, challenges “any business owner to think about the hidden ways their business can be used,” which directly conveys the idea that the mission of this company is not to materially profit in their advantage, but they make the effort to expand the wealth of others. With the summation of Chris’ proclamation, he wants to make it clear not to “settle for corporate social responsibility,” and to develop how the business can be “an extension of yourself” (Samaritan’s Purse 2016). When business is solely based on more than economic opportunity, Chris states that he has never seen “God respond to an earnest request for opportunity like that with a shrug of the shoulders”(Samaritan’s Purse 2016). Differences begin with making a change to mankind which translates to the work environment and their

Businesses are also seeing the value as “Societies’ growing expectations and pressures that business should assume a more significant responsibility for solving social problems have created a new standard of corporate performance – one that encompasses both moral and financial dimensions. The argument in the above is that values – personal and corporate – not only have intrinsic and social worth but are also a source of economic value for the company.” (XXXXX.) Many businesses look to move beyond traditional philanthropy and create economic and social value through collaborative problem solving with nonprofits. As organizations look to focus on results they’ve expanded their analysis to include the “triple bottom

Corporate citizenship surfaced in the American business community in the 1980’s and have since extended to the global community as it speaks to social and environmental issues (Matten, & Crane, 2005). “Corporate citizenship is defined as a company’s self-regulated management of its business activities and influences to advance a social agenda beyond that required by law” (Tsai, Joe, Lin, Chiu, & Shen, 2015, p.361). Moreover, activities that would demonstrate being corporate citizen are exemplary leadership and ethical behavior, corporate philanthropy that benefits the stakeholders and the community, and to exceed legal compliance (McEachern, 2015). Furthermore, these activities are identified as the four faces of corporate citizenship, economic

I seek to create a reading rainbow classroom community. I believe the three most important characteristics and/or behaviors I strive to help develop are language and literacy development, Phonemic awareness, Reading comprehension, and vocabulary development. These characteristics are important because if a child has difficulty with language and literacy and the way he articulates his words when pronounced he may be lost in translation he may have just read the book but don’t have a clear understanding of what he or she truly may have just read. So, to prevent this helping or working with the child before he reaches elementary school age level will have a

Corporate social responsibility has been one the key business buzz words of the 21st century. Consumers' discontent with the corporation has forced it to try and rectify its negative image by associating its name with good deeds. Social responsibility has become one of the corporation's most pressing issues, each company striving to outdo the next with its philanthropic image. People feel that the corporation has done great harm to both the environment and to society and that with all of its wealth and power, it should be leading the fight to save the Earth, to combat poverty and illness and etc. "Corporations are now expected to deliver the good, not just the goods; to pursue

Many companies think that corporate social responsibility is a peripheral issue for their business and

Last spring, I worked for Special Olympics New York as an office volunteer, assisting with the preparation of the incoming Game and recording volunteer information. When examining the sign-up information for volunteers, I found it impressive, seeing numerous private company groups in the New York State register as volunteer groups and some of them had done such work for many years. When talking about the reasons for their actions, many companies considered that their volunteer behaviors would not only build employee solidarity but also demonstrate their care about disabled groups. This realization stimulated my interests in the corporate volunteerism, the idea of social corporate responsibility, and the often ongoing relationships between for-profit corporations and non-profit organizations. Building on this experience, I decided to examine this topic as a senior thesis for my sociology major thesis project. This project is expected to last for six months and recently, I have already begun a preliminary literature review by reviewing previous academic research in corporate social responsibility. In my thesis, I primarily focus on questions like how do firms and nonprofits collaborate and maintain social networks for mutual benefit, why is corporate social responsibility an important mission for private companies, as well as how does it influence a company’s financial performance, employee selection and performance, and corporate reputation.

The expression "corporate social obligation" got to be across the board in the 1960s and has remained a term utilized aimlessly by numerous to cover legitimate and moral obligation all the more barely interpreted.

Corporate Social Responsibility (CSR) is the intention of the companies to do the right things and act in certain ways that are good for the company, society and environment. CSR was accelerated in 1970 (Archie B, 2006) and took into account since there was a concern between the increased population and scarce resources. It was established in order to ensure that the global development is sustainable. There are three fundamental aspects of sustainability, economic progress, communities’ relationships and environmental protection. This essay will report the managerial skills, leadership style and management practises in leading and managing an organisation to promote better and greener environment. Considerable research has been undertaken on Toyota Motors Corporation.