Corporate Social Responsibility ( Csr ) Is Becoming An Ever Increasing Part Of Business Strategy

1966 Words Mar 7th, 2016 8 Pages
Corporate Social Responsibility(CSR) is becoming an ever increasing part of business strategy. CSR is an ethical decision made by organisations which looks to make a positive impact on society, to the economy and the environment. This essay will look at TESCO 's use of CSR and assess whether they use it genuinely for the improvement of society or uses it as another means to increase profitability. I will be looking at three of Tesco 's KPI 's; relation with supplier, retention of customers and colleagues satisfaction to work and shop at Tesco, to assess their CSR policy.
The building of a trusted relationship with their suppliers is one of Tesco 's KPI 's which relate to CSR., One way in which they have focused on this indicator is by trying to improve their relationship with domestic suppliers.
Initiatives have included educating dairy suppliers with new agricultural techniques to improve their produce and the quantity supplied. By achieving this, farmers will be able to supply Tesco the quantity demanded at a lower cost price as according to The Farmers Guardian(2008). This shows that Tesco has actively led to the improvement of farmers financial conditions; the lowering cost of production ultimately leading to better living standards, (Farmers Guardian, 2005).
Tesco has also focused on improving relations with domestic suppliers by reducing imports of foreign meats. Tesco has attempted to boost relationships with domestic meat suppliers in order to try and increase…

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