Csr As A Function Of Business

In recent years, increasing number of customers and businessmen start to concern about the ethical issues in businesses. Although the main purpose of business is to make profits, the social influence of it also appears to be focused by a large proportion of customers and businessmen. Corporate social responsibility (CSR), which is closely connected with this concentration, was put forward in 1953 with the meaning of interacting social, environmental, and economic considerations into the decision-making structures and processes of business (Industry Canada, 2013). Although criticized, there is a business case for CSR because it could enhance customers’ loyalty, improve

The evolving practices around corporate social responsibility (CSR) provide dynamic, and complex opportunities for business. Overall, businesses are modifying their core purpose from creating shareholder profit toward creating shared value across their stakeholders, with shareholders being only one of the many stakeholders. This paper analyzes the 74th ranked 2014 Fortune Global 500 Company Kroger. Kroger started in 1883 as a local Cincinnati, Ohio grocery store, and has expended to be the second largest retail grocery store in the United States, and fifth largest in the world, owning retail food and drug stores, jewelry stores, and convenience stores in the United States (Kroger, 2015). Kroger remains headquartered in Ohio. An overview of Kroger, and specifically Kroger’s corporate social responsibility (CSR) strategy and implementation will be discussed, followed by a strengths, weaknesses, opportunities, and threats (SWOT) CSR analysis informing a concluding plan to enhance Kroger’s CSR maturity.

The customers, employees and other stakeholders are the ones who primarily benefit, but some of the initiatives are a direct benefit to the community and in the case of Home Depot, the world. As stated earlier, the company has a strong environmental component that is effective and focused, which in turn benefits the planet. For example, in the 2016, Home Depot reports that their efforts reduced carbon gas emissions by 4 million tons through the sale of Energy Star products. Energy Star products save consumers money and often offer rebates when their products are purchased. The sale and use of these products from Home Depot, lessened the carbon footprint by over 35% in 2016 (“Resources & Reports”, 2016). Another example is that they intend to grow their ongoing commitment to veteran-related causes to a quarter of a billion dollars by 2020 (“Resources & Reports”, 2016). There are many examples of how people and places have benefitted from the Home Depot’s CSR initiative, all can be found on their website and they report this information to the shareholders

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.

Sustainability is vital for business, now more prevalent than ever before. With the growing global concerns over the environment, taking effective and necessary steps in implementing CSR will prove beneficial, protecting the environment while driving profits. Consumer awareness is the new growing trend, shoppers want a better, new and improved product, information about where these products were manufactured and how production effects the environment and the economic status of their community. We cannot continue to mass produce without regard to our social responsibility. In this paper, I will show why there is a need for CSR and how this affects the bottom line.

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.

With our nowadays consumption society and the huge tendency toward globalization, consumers are exposed to more and more brand and numerous of new products, and the loss of trust put into firms and brand loyalty because of controversies activities companies are responsible for, is worse than ever. Thereby, Corporate Social Responsibility (CSR) seems to be one of the key factors to success for many companies, and one of the best ways to win the consumer’s trust back.

Corporate social responsibility (CSR) draws more and more attentions from stakeholders, especially in the rapidly growing Chinese market. Most of the previous study regarding CSR and customer related outcomes are based on the social exchange theory, while the potential effect of customer company identification (C-C identification) has been ignored. Recently, the important effect of C-C identification on CSR has been conceptually and empirically validated by some studies. The study incorporates the C-C identification, trust, satisfaction as mediator between CSR and customers’ purchase intention, expanding previous studies by combining the social identity perspective with social exchange theory.

The following report has been prepared with a view to understand how Corporate Social Responsibility (CSR) works in the Brazilian market.

In recent times, the concept of corporate social responsibility has become a prominent business strategy, as countless firms have directed their attention towards leading public interests. It is no secret that businesses hold a tremendous deal of power within the economy. With an abundance of assets and disposable cash at hand, companies have the power to engage in socially conscious expenditures. In result, it has become increasingly popular for companies to devote their time and money to environmental sustainability programs as well as various social

Although many research about corporate social responsibility (CSR) have been conducted, there are still some field to study more. The purpose of this research paper is to find out whether Business-to-Business companies implement CSR actively. According to the numerous researches shows that correlation between Business-to-Consumer and CSR are strongly related due to variety reasons such as brand image and brand equity. Thus, we thought that B2B business is not actively doing because B2B companies are not directly related to consumer. To understand and enhance this research paper, we cover basic concept and indicators of CSR. In addition, we employs “2014 Global CSR Reptrack 100” report released by reputation institute to disclose the result.

In the recent years, corporate social responsibility (CSR) has gained lots of attentions among public, and plenty of companies invest more efforts on the CSR activities (Hur, Kim and Woo, 2013). At the same time, companies can undertake their social responsibility in different ways, namely, CSR has some classifications, and most of scholars accept that there are three main classifications of CSR, which are related to social, economic and environmental issues. The reason why companies do CSR activities is that the pressure of the economy, society and environment enforce the company to take economic, social and environmental consequences of their business into account (Alsmadi & Alnawas, 2012). What’s more, companies are able to gain benefits by undertaking social responsibility from the CSR activities. Positive brand image is the most vital benefit of CSR since it provides competitive advantage by having consumer commitment, which will give consumers’ high purchase intention and willingness to pay higher price for product or service (Mohr and Webb, 2005; S.M.M. et al, 2013). Ghosh and Das (2013) find out that companies are trying continuously to maintain and improve their brand image, because the positive brand image contributes to the competitive advantages and superior market share. And the positive brand image can influence customers’ purchasing behaviors since consumers prefer to choose the companies that have the good brand image (Maignan and Ferrell 2001). For instance,

CSR plays vital role in today business organizations.CSR is stands for corporate social responsibility. Corporate social responsibility also referred to as "corporate citizenship. The main motive of CSR is that the company makes profit not only for themselves while it also profitable for society. we can say that also Corporate Social Responsibility business behave ethically and contribute to economic progress 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 ways business to incorporate CSR into business models. In this essay I will describe how businesses can incorporate CSR into their business models by providing good working conditions for

Many large corporations are taking corporate social responsibility into account and making it a part of their everyday schedule. Over the past decades, there have been increasing concerns for general society that many businesses have little concern for the consumer and they care nothing about the deteriorating social order. But these days’ companies are encouraging employees to volunteer and make a difference in surrounding communities. In this way they are supporting and improving the quality of life and enhancing the vitality of the communities in which they operate. There are many organizations that are encompassing CSR into their plan of action and also they are making new policies that can be beneficial for society. There are so many ways to incorporate corporate social responsibilities into business modules such as health, education, environment and helping in natural disaster.

As the globalization are happening faster and the scale is more worldwide and intensive, international business is more the concerned subjects for a lot of researches. And among factors that related to that field, Corporate Social Responsibility (CSR) is considering as a very essential and key feature in doing business internationally (Werther & Chandler, 2005). Therefore, there are numerous and wide range of studies in associated with defining CSR, figuring out the relationship between CSR and organization performance, etc. Moreover, while applying CSR as a phenomenon or as an integral part of operations, overestimate or misunderstanding of CSR is one of the significant problem (Blomgren, 2010). My paper aim at conducting a fairly depth understanding of CSR in form of four main points: 1. Definition of CSR, 2.The effects of CSR on International Business, 3. Different perspective toward CSR, 5. Pros and cons when implementing CSR in Vietnam conditions.