How does a company will help you personally with advancing your business skill via social responsibility initiatives at the local, nation or global level.
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How does a company will help you personally with advancing your business skill via social responsibility initiatives at the local, nation or global level.
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- After reading this chapter, what are major insights you have about ethics and CSR?Which four corporate social responsibility initiatives can be taken by a business within your community to uplift welfare of the community? Explain briefly.In what ways, if any, is your company exercising corporate social responsibility? What are the elements of your company’s CSR strategy? Are there any changes to this strategy that you would suggest?
- What is the best way for companies to find a balance between profit and social responsibility?Prepare to discuss managing social responsibility. Do you think social responsibility for amultinational corporation (MNC) is something best managed locally or best managed internationally?Corporate Social Responsibility (CSR) is a crucial aspect of modern business that extends beyond the pursuit of profits. It encompasses a company's commitment to balancing economic success with ethical, environmental, and social considerations. Companies engaging in CSR initiatives often strive to make a positive impact on their communities and the world at large, addressing issues such as climate change, inequality, and community well-being. CSR programs can take various forms, from sustainable business practices and philanthropic efforts to employee volunteerism and ethical sourcing. How can businesses effectively balance their bottom line with the broader interests of society, and what strategies can they employ to ensure they are responsible corporate citizens?
- To what extent is the use of Corporate Social Responsibility (CSR) for political ends socially responsible? Give strong argument, example and references.Corporate Social Responsibility requires that multinational enterprises consider and respond to issues beyond the narrow economic, technical, and legal requirements of the firm to accomplish social benefits. Answer the questions below. What do you understand by the term ‘Triple Bottom Line’? Assume you are the manager of a multinational enterprise subsidiary in Nepal. Examine the recommendations you would adopt for your firm to comply with the Corporate Social Responsibility requirements.Select four companies and four NGOs to look for their perspectives on CSR online. To what extent is there agreement and divergence in terms of their perception of CSR? What might account for these similarities and differences?
- To what extent is the use of Corporate Social Responsibility (CSR) for political ends socially responsible? Give strong argument, examples and references.Though many MNCs espouse and follow rigid codes of social responsibility in their home countries they are often not as diligent with respect to ‘host’ or overseas countries. In 1984 the Bhopal disaster in Madhya Pradesh, India killed 3,787 and impacted a further 558,125 people. The corporation in question was Union Carbide, a majority USA owned company. Indian courts convicted the Chairman and other senior executives of “…causing death by negligence”. Why do you believe that Union Carbide had a less stringent policy in India with respect to negligence than they did in the USA? What is the way to fix this situation? Explain whether it is legislation or cultural change from MNCs that is required3-13. What is meant by social responsibility?