Csr Ryanair

3605 WordsJan 25, 201315 Pages
Current Issues in Management By Words count : 3244 Contents Executive Summary 1. Introduction 2. Literature Review on CSR 2.1 CSR Theories and Strategies 2.2 CSR Challenges and Issues 2.3 Summary of Key CSR Elements 3. Ryanair CSR Audit 3.1 Company Background 3.2 CSR Audit of the company 4. Analysis and discussion of the company CSR performance 5. Strategies CSR recommendations for the company 6. Conclusion 7. References Executive Summary Aim of this study This study is to analysis the selected airline business environment and Corporate Social Responsibility (CSR) program implementations of some airline and compare with the selected airline.…show more content…
For meeting the expectations of various stakeholders and customers, airlines can fulfill their responsibilities as a corporate citizen especially for international airlines operates in multiple countries. There seems to be no universally agreed definition of CSR (Frankental, 2001). He even argues that “CRS is a vague and intangible term which can mean anything to anybody, and therefore is effectively without meaning”. The continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the community and society at large(Holmes and Watts, 2000). It is generally agreed that CSR refers to the obligations of the firm to society (Smith, 2003). 2.1 CORPORATE SOCIAL RESPONSIBILITY THEORIES AND STRATEGIES CSR includes four kinds of responsibilities: economic, legal, ethical and philanthropic. The economic responsibility refers to the firm’s obligations to be productive, profitable, and to maintain wealth. Firm’s legal responsibility refers to carrying out their activities within the confines of legal requirements. For ethical responsibility refers to having ethical codes, norms going beyond mere legal frameworks, and being honest in their relationships with their customers and their own employees. Finally, the
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