Corporate Social Responsibility Essay

I had a firsthand experience with the intricacies surrounding the issue of gender inequality in the workplace in Asia. I had a placement in one corporation in Hong Kong, and there was no female employee in the senior management. Although there exist legal apparatus to accord female employees equal opportunities at the workplace, many corporate risk legal suits for denying female employees their fair share of the job opportunities in the fear of losing their market. Social constructs and religious doctrines are so entrenched in Asian societies to the extent that accompany with many female senior employees can lose their market. Therefore, tackling the issue of gender inequality in the workplace should entail the analysis of all oppressive institutions in that society rather than tackling the problem of the inequality in isolation (Crenshaw et al., 2013).

Corporate Social Responsibility (CSR) is a very controversial topic. A question that has been debated for the past few decades is; is it corporately viable to introduce social responsibility as a proposed addition to the work ethic of business organisations. As well as, if adopting the framework of corporate social responsibility would yield positive improvements for those organisations.

focus on the top three of these issues as well as the importance of resolving the most important

Last few decades, Corporate Social Responsibility became more visible and every company is using it as a marketing tool. With strong commitment to Corporate Social Responsibility, Dannon need to communicate its Corporate Social Responsibility activates toward environment, people and nutrition and health benefit to its customers and stakeholders. According to Schiefelbein (2012), proper communication strategy is needed to effectively influence customers to balance threats and opportunities. -- To design a Corporate Social Responsibility communication strategy for Dannon to its customers, we need details of Dannon products, implicit knowledge of its operation and the customer base.

Company Q is a small grocery store chain who has struggled to maintain social responsibility. The company decided to close down two of their stores which were operating at a loss due to being located in high crime areas. In the existing stores, Company Q has answered to the demands of their customers by offering a limited amount of health-conscious and organic products, but has declined to help out the community by throwing out day-old foods instead of donating them to the local food bank. The decision to throw out the day-old foods was brought on by lost revenue due to possible employee theft and fraud.

From a business ethics stance “corporate social responsibility” (Velazquez, 2007, pp. 23), refers to the social interest an organization manifest in the environment it operates. SoftMagic has not seized opportunities from corporate social responsibility. In the U.S., the use of pro-bono activities to develop networking is fundamental considering that multiple leaders of different firms participate and engage in activities that consequently offer an opportunity to market and increase the awareness of the organization. One more time, the cultural challenge seems to have affected the opportunities for SoftMagic.

Shared value is a business strategy which focuses on creating overall value while addressing social problems. This concept of management strategy was expressed in the “Creating Shared Value” article by Porter and Kramer. Shared value is not just an aspect of a company’s growth strategy or general business operations. It is well integrated in the way a company operates along with what their goals are as an organization. The value created for a company’s targeted end user also has some sort of social impact which benefits their company purpose. Creating social impact is a company goal and success is measured through creating a shared value network. Porter believes that “The ability to address social issues is integral to profit maximization instead of treated as outside the profit model.” He is addressing that profits are not measured by impact not just monetary gains for the company, we can change our mindset to think of profit in a different way. Profit can be a benefit or some sort of added value. In this approach Porter argues that “Corporate social responsibility encompasses not only what companies do with their profits, but also how they make them.” This relationship is the driving force for a company’s development and future growth, and it goes beyond corporate strategy it also incorporates investments and key stakeholders for each company. Quantifying a monetary figure and amount for social impact may be extremely difficult, however it has progressed with awareness and

Sustainable development requires companies to meet their objectives while protecting the quality of life of their employees, surrounding community, and the environment. More than 40 years ago, Medtronic 's co-founder Earl Bakken provided the framework for the company 's sustainability strategy by formulating the company 's mission statement that has remained unchanged to the present day. "Medtronic has operated with a clear, compelling mission: To contribute to human welfare through the application of biomedical engineering in the research, design, manufacture, and sale of instruments or appliances that alleviate pain, restore health and extend life" ("Integrated,", 2016, p.4). This visionary mission statement also included a group of ethical guidelines such as the need to strive without reserve for the greatest possible reliability, to recognize the personal worth of employees, and to maintain good citizenship as a company. Those early tenets of corporate responsibility were the foundation of Medtronic 's current sustainability practices.

This is a reminder from your CEO ; to all employees, Officers, and Members of the Board of Directors of the importance of adherence to the Code of Conduct that we have put in place here at Chipotle Mexican Grill. If you have not taken the time to go over the Code of Conduct personally, I ask that each of you take the time to do so as soon as possible. Although adherence to the Code of Conduct in its entirety is of the utmost importance; there are a few key areas that can have a significant impact on our business. I ask that you take extra care to make yourselves aware of these key areas and the ramifications that non-adherence to these particular areas can produce. These areas are as follows:

The environmental aspect of Corporate Social Responsibility refers to operating a business in a way that promotes responsibility and accountability for the environment. There are three main initiatives implemented by Verizon to meet their corporate environmental obligations. These initiatives are: recycling, reducing energy consumption and obtaining “clean” (conflict free) resources.

This is essay will focus on analyzing how corporate social responsibility (CSR) influences the investor relations of a corporation and whether it is good for the society, using Gasland and FrackNation as examples. In the contemporary society, CSR sounds like a commendatory term for the society. Over decades, it seems like that both the public and the media are trying to encourage corporations to behave more responsibly, and corporations are gradually becoming more socially aware in the contemporary society because they know they cannot afford the consequence of ignoring it. (Bernstein, 2009:606) However, CSR is not always beneficial. One of the major practices of public relations is investor relations, because the concerns of a corporation’s investors can directly relate to its welfare. When the corporations paid more attention on CSR, their investors will inevitably somehow feel ignored. As a public which has real material input to the corporations, investors are seeking for future returns, they want to be treated specially by the corporations that they invest. Also, value too much about CSR can make corporations become the victim of being morally hijacked, which may harm both a corporation’s financial success and the whole society’s harmony.

The OEM encourages much more technology transfer in global production network (GPN) compared to joint ventures, outsourcing, licensing and etc. Hobday and Mike described that OEM acted as a training school for latecomers, enabling them to overcome entry barriers and to assimilate manufacturing and design technology (Hobday, Mike, 1995). Furthermore, TNC depends

To sustain the present natural resources for the future generations to come was considered to be the social responsibility for each and every human being on this planet, therefore sustainability, accountability and transparency of resources became the basic ingredients for social responsibility.

There are now several concepts of CSR and its definition, along with the meaning across corporations. In my opinion, and according with our textbook in page 11. CSR is about a particular set of business and strategies that deal with social issues. In addition, we can clearly perceive that CSRs application along corporations has increase in the past decade due to the several local, and international regulations in order to enforce business to act responsible.

‘Corporate social responsibility’ (CSR) means that the firm has wider responsibilities in relation to objectives and people apart from the owners or shareholders (Beal and Goyen 2005). These responsibilities are achieved when the firm adapts all of its practices to ensure that it operates in ways that meet, or exceed, the ethical, legal, commercial and public expectations that society has of business. Objectives often associated with CSR include a responsibility to manage natural assets sustainably and not to pollute by chemical discharge, smell, noise, dust or other irritants; fair treatment of employees and ethical attitude towards clients. The other people include employees, customers, suppliers,