Corporate Social Responsibility: Michelin Tires Case Analysis

4107 Words Jan 16th, 2018 16 Pages
Likewise, there is a growing consensus that even in the public sector, organizations have a basic responsibility to eliminate waste and improve efficiency while reducing the impact of their operations on the environment. Some corporations have found ways to achieve both of these goals in mutually supportive ways that provide them with added value and an improved public image. To gain some fresh insights into how Michelin and others have succeeded in this area, this paper provides a review of the relevant peer-reviewed and scholarly literature to develop a definition of corporate social responsibility and how the adoption of such a corporate philosophical approach can affect the manner in which corporations operate and who these changes may affect. An evaluation of the common criticisms against corporate social responsibility is followed by an analysis of the real business benefits and risks that might arise from the Michelin Company pursuing a corporate social responsibility policy. Finally, a summary of the research and important findings are presented in the paper's conclusion.

Review and Discussion
Task:-1. Based on the case…
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