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Corporate social responsibility is the commitment of businesses to act ethically and to positively give back to society by improving economic development and quality of life of the employees, shareholders and communities. Businesses that practice social responsibility ensure that their mission and values improve the wealth of businesses and at the same time contribute to the sustainable development of the society. Corporate social responsibility is the voluntary act of a business to “contribute to a better society and cleaner environment” and it can be in the form of charity or philanthropy (Baker, Mallen 2004). For some businesses corporate social responsibility is like an investment
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The Toyota Example as Proactive Corporate Social Responsibility --------------------------- 6
References --------------------------------------------------------------------------------------------------- ----------- 8
Definition of Corporate Social Responsibility
Corporate social responsibility (CSR) is known under various terms used in the industry such as corporate responsibility, corporate citizenship, responsible business, sustainable responsible business or corporate social performance.
In spite of some variations in some cases, they basically share the same philosophy and aim towards the same goal. The primary
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Corporate Social Responsibility and Ethics
Stephen M Russell
University of Phoenix
Mr. Danny Rubick
June 13, 2011
Ethics is sometimes described as a body of standards or human conduct that governs the behavior of individuals and groups. Corporate social responsibility (CSR) is the way a company manage the business processes to produce and overall positive impact on society. The three levels of this CSR are economic, legal and ethical. A company needs to be more than economically and legally responsible, it must include ethics and these ethics must be above the bare minimum legal requirements. (Gehrke, 2008) You hear of labor issues
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* Part Four: Findings of the Study
Sample Enterprises 30
Areas of Social Responsibilities Discharged 33
Reporting Practices 36
* Part Five: Conclusion
Summary of the Findings 39
Future Directions 40
A Brief Description of CSR
Corporate social responsibility (CSR), also known as corporate responsibility, corporate citizenship, responsible business, sustainable responsible business (SRB), or corporate social performance, is a form of corporate self-regulation integrated into a
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MINISTRY OF EXTERNAL AFFAIRS
University of World Economy and Diplomacy
THEME: CORPORATE SOCIAL RESPONSIBILITY IN THE CURRENT FINANCIAL CRISIS.
Prepared by Mirzakulov Hojiakbar
Responsible Mentor: Zakirova.S.A
Tashkent – 2009
Our skeptical world is becoming more and more complex; we are facing barriers, problems like corporate scandals, stock downturns, uncertain economy, and threat of terrorism every single day. Particularly the world economy is experiencing a strident downturn nowadays. The lack of the food
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Corporate social responsibility statements are effective ways of ensuring multi-national companies act ethically. Discuss
For the past few years there has been lots of discussion about Corporate Social Responsibility. Most of the multinational companies issue every year a report on their practices. They try to get involved into communities, fight the poverty in the third world countries and donate millions of ponds every year to charities to as they say “build the better future”. But are their corporate social responsibility statements effective ways of ensuring that multinational entities act ethically? From my point of viewview, CSR statements do not ensure that practices of
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Are corporations that participate in voluntary Corporate Social Responsibility practices seen as unethical through exploiting CSR initiatives for a profit?
In today’s society, corporations that perform better in their respective markets are able to collect assets that are needed to participate in Corporate Social Responsibility practices. Through these voluntary practices corporations are able to improve their social, environmental, and human rights accounts. This essay will begin with an insight of what Corporate Social Responsibility is; furthermore it will elaborate on how corporations that participate in the practice of Corporate Social Responsibility are seen as unethical because
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limit. Especially concerning the collapse of the real estate and financial bubble in 2007, a re-orientation for organizations to concentrate on long-term performance instead of inconsiderately accumulating capital was and is required. “Adopting business strategies that meet the needs of the enterprise and its stakeholders today while sustaining the resources, both human and natural that will be needed in the future” (KPMG, 2011).
Those strategies to fulfill sustainable criteria are the elements of Corporate Social Responsibility. But as Friedman mentioned, the goal of an organization is to increase its profits. Could this be a win-win-situation for organizations and the environment? Or is
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Corporate Social Responsibility: An effective business strategy
Corporate Social Responsibility is usually defined as the ethical behaviour of the company towards the society. Having CSR as part of the agenda means that the business promises to adhere to legal, and most importantly, ethical standards. It is quite surprising that the for –profit organisations are now including CSR as a major part of their agenda. It is inextricably linked to profits as there can be no social responsibility without profits. Though this concept has gained importance worldwide in the recent years, it is not new to our country which has seen corporate like Aditya Group, Tata Group and the Indian Oil Corporation
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Wal-Mart and Corporate Social Responsibility
Wal-Mart strives to be corporately responsible. Wal-Mart is one of the largest private employers in the United States and Canada and the largest in Mexico. It offers an average full-time hourly wages of $11.75, and provides 1.2 million employees with health insurance (Wal-Mart Corporate Facts, 2011). Wal-Mart pays above retail standards for employees that have little experience, low levels of skill, and often demand part-time work due to other commitments.
In addition to providing employment, health care and other benefits, Wal-Mart also provides Americans products at prices that "are 8 percent to 39 percent below the prices of its competitors
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Corporate Social Responsibility and the Law
The collapse of large successful organisations like Enron, Parmalat and Worldcom can be traced back to a lack of Corporate Social responsibility within the organisations, particularly, the clear disregard for business ethics and the lack of strong corporate governance within these organisations. These collapses can be attributed to acts committed by individuals and managers acting outside of the authority given to them by the organisation (Li, 2010).The Enron collapse, being the first in a line of successive corporate failures, highlighted issues of corporate greed and unethical business practices committed by its board of
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Corporate Social Responsibility (CSR) also being known as corporate conscience is a continuing commitment by a business to the society. A business behaves ethically and contributes to the economic development as well as improves the standard of living of the employees and their families in the local community and society. Corporate Social Responsibility also can be defined as areas of concern and initiatives to improve the relations of people and environment (Simply, 2008). Example of company that had put a lot of effort in CSR activities are The Body Shop, Starbucks, Walt Disney and so on. CSR activities can be categorized into a few types of groups such as environment, philanthropy and
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What responsibilities do businesses have? Who takes priority when decisions are made? Are shareholders the most important to consider, or is it the customer? Should a company simply meet the required regulations, or attempt to go above-and-beyond the requirements? All of the questions involve corporate social responsibility. Corporate Social Responsibility can be defined as “the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large” (World Business Council for Sustainable Development).
Cash is King
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DQ1:What are the various understandings of the Business Case for CSR? Is this a good way of thinking about CSR? If yes, why? If no, why not?
Corporate Social Responsibility (CSR) can be defined as the policy or the practice that can be run by the business to beneficial the society. The different between social expectation of business performance and business actual social performance is getting bigger since 1960s (Carroll & Buchholtz 2008,16) , hence the CSR is promoted to solve the social problem. According to Milton Friedman, the theory of â€œThe business of business is businessâ€, all the money spent on the social and environmental is conflict with the nature of business. But
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ï»¿ With the development of society, arises a concept that challenges the traditional way by which corporations operate. The modern business is not only responsible for achieving financial stability, but also demonstrating its social responsibility. While many organizations are opposed to this idea, as they may lose money, companies have the moral and social obligation to provide social welfare to the less privileged because such act is mutually beneficial.
Although it may seem self-contradicting, companies can make more profit from providing social welfare. When companies engage in social responsibility initiatives, they are able to establish a positive reputation and brand image for
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line reporting demands that a company be accountable for every aspect of business.The idea enjoyed some success in the turn-of-the-century zeitgeist of corporate social responsibility, climate change and fair trade
Growing awareness of corporate malpractice in these areas forced several companies, including Nike and Tesco, to re-examine their sourcing policies and to keep a closer eye on the ethical standards of their suppliers in places as far apart as Mexico and Bangladesh, where labour markets are unregulated and manufacturers are able to ride roughshod over social and environmental standards. It also encouraged the growth of the Fairtrade movement, which adds its brand to products that
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their tenants and brokers. They are also a publicly traded company and have a concentrated portfolio in the Washington, D.C. area (First Potomac Realty Trust, 2015).
Energy and sustainability are the center of First Potomac Realty Trust’s corporate social responsibility initiatives. Their decisions are geared to meet social and environmental standards in a positive way (Tesia Vargason, personal communication, April 1, 2015). With the purchases of properties in the DC Metro area, they are frequently improving their buildings to meet LEED or Energy Star standards, which creates better efficiency for lighting and heat and the environment simultaneously. They believe that this approach
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competitive environment is vastly different to that of the 1970s due to factors such as technology, globalisation and consumer awareness of climate change and social or community disadvantage (Iglesias, Singh & Casabayo, 2011, Bonnedahl & Eriksson, 2011, Alexander & Nicholls, 2006). That business has a responsibility to comply with relevant legal requirements in any age is indisputable. In considering whether Friedmanâ€™s statement is as relevant in the current competitive environment as it may have been in 1970, one must first establish whether the â€œrules of the gameâ€, or the understanding of what is ethical behaviour in regards to corporate governance, has changed.
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Nowadays, Corporate Social Responsibility (CSR) activities caught the company or organization’s attention in order to come closer to the society. From the level of top management until to its employees, it seems that CSR somehow give the impact on business performance. The organization or company’s involvement with society, closely give the sign toward achieving their business’ goal.
In this study, survey by questionnaire was used to collect the secondary data from the candidates. The information will be the indicator to analyze and interpret on how the impacts of CSR on business performance.
It showed that positive sales revenue correlated with the CSR activities which will
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CORPORATE SOCIAL RESPONSIBILITY (CSR) REPORTING BY SUPERMARKETS: BASED ON MARKS AND SPENCER (M&S)
Corporate Social Responsibility (CSR) can be defined as “operating a business in a manner that meets or exceeds the ethical, legal, commercial and public expectations that society has of business.”
CSR is currently high on the agenda of many stakeholders. Governments, businesses and voluntary organisations are among the stakeholders pushing for change in the way things are done. Stakeholders are demanding ever higher levels of integrity from supermarkets and other businesses and this is set to increase. The fact that even consumers are now militant and
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Importance of Corporate Social Responsibility and Ethics in an Organisation.
Ethic is said to be the main basis of good business behaviour. It applies to either the operational area of the organisation or the boardroom. On the other hand, ethics is doing what is right
Corporate Social Responsibility. (CSR).
There has been no definite definition of CSR, so, the theory, development and measurement has been difficult. CSR is the activity that an organisation or corporation can do to ensure that they have a duty or care to their stakeholder. (Employees, government, customers, community, shareholders pressure group etc) any decision taken by the corporation or
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Vladimir Putin said “We need business to understand its social responsibility, that the main task and objective for a business is not to generate extra income and to become rich and transfer the money abroad, but to look and evaluate what a businessman has done for the country, for the people, on whose account he or she has become so rich.” Corporate Social Responsibility is a set of policies and functions whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards and international norms. It is a model in which economic, social, and environmental responsibilities are satisfied simultaneously.
Companies these days are issuing corporate
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Corporate social responsibility and Ethics
Corporate social responsibility
Sandvik Coromant tries to the best of its ability to be responsible and work in accordance with the way it act, e.g. with sustainability both on a global and local level. It work according to the Sandvik code of conduct. This includes social, employee, equal opportunities, health and safe, management system and sponsoring.
Being a global company increases the importance of social responsibility, since there are great public concerns about the impact of these companies' activities on home and host countries. For Sandvik, the most important aspect is the responsibility it assume for
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spend more than 1 billion dollars on alternative energy development (BP annual report, 2010). However, the expansion of BP operation in 2010 had lead to extremely awful consequence for nature which is an oil spill in the Gulf of Mexico. This event cause the death of 11 workers, injured of 17 others and lost of over 3 billions dollar to deal with it (ibid). In this report, it will be aimed to analyze corporate social responsibility of BP in their operation and point out these damages to BP’s reputation after tremendous disaster.
There are three main sections in this report. The first is overall introduction of the report, the background information about BP corporation , overview theory
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COROORATE SOCIAL RESPONSIBILITY
DEFINITION: Corporate social responsibility (CSR), also known as
sustainable responsible business (SRB), or
corporate social performance,is a form of corporate[->1] self-regulation[->2] integrated into a business model[->3]. Ideally, CSR policy would function as a built-in, self-regulating mechanism whereby business would monitor and ensure its support to law, ethical standards, and international norms[->4]. Consequently, business would
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BUS378 – Bus, Gov & Society
CSR Research Assignment
Corporate Social Responsibility (CSR) can be defined as the duty a corporation has to create wealth by using means that avoid harm to, protect, or enhance societal assets. More simply put, CSR is a corporation's responsibility to act in a manner that not only promotes their business, but also considers the impact it will have on the community it is serving. M&T Bank is a large international corporation that can be identified as operating with a high level of Corporate Social Responsibility. The benefits of CSR do not only aid the M&T Bank’s image, but also the communities it touches. Through their community leadership they
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The purpose of this report is to identify , evaluate Corporate Social Responsibility (CSR) programs of Qatar Airways and study the impact of such programs on the society and environment.
Table of Contents
1. Introduction ………………………… …………………………………………..2
2. Definition of corporate social responsibility (CSR) …………………………….3
3. Corporate Social Responsibilities of Qatar airways …………………………….3
I. Philanthropic Responsibilities…………………………………. ………….3-4
II. Environmental Responsibilities……………………………………………..4-5
4. Analysis and Suggestions………………………………………………….……..5-6
5. Reference List…………………. ……………………………………………..….7
In the late 1960s, corporations began to
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Corporate Social Responsibility in Tourism
Dong’ao Island Case
Course Code: HTM 582 Research Methods
Lecturer: Dr. Dan Wang
Sean Xiao 13117714G
Sasha Sheng 13105254G
Evelyn Ye 13093162G
Vivian Ding 13097237G
Jonathan Wang 13095096G
Yvonne Liu 13105132G
Corporate social responsibility (CSR) is a concept that has attracted worldwide attention especially in tourism industry in recent decades. Although there are different definitions, CSR can be understood as the voluntary contribution by companies to improving the environment, society and economy, either for altruistic reasons or to improve their competitive advantage (Tamajón, L. G
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Amtrak’s Sunset Limited and M/V Mauvilla – Corporate Social Responsibility 1
It has been called the worst train disaster in U.S. history. The wreckage of the Sunset Limited on September 22, 1993 took 47 lives. There are many circumstances surrounding this wreck that affect the many stakeholders involved.
Certainly, CSX Transportation, Inc., Amtrak and Warrior and Gulf Navigation Company (WGN) and their employees, the passengers on the train and barge, the surrounding community, the train and barge industries, the governing body of the Big Bayou Canot bridge, environment, and stockholders are all stakeholders. Adding possibly to that list, the
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I started my professional career at one of the “big four” accounting firms working within the audit department.
As it is customary, audits are performed within a ‘Chinese wall’ environment and auditors are bound by law not to disclose any information to third parties nor to other colleagues within the firm. Reason being, auditors have unrestricted access to sensitive financial information that can be used to front run markets.
One particular late Friday night, a couple of us were sitting at a bar close to the client’s Head Office and after a couple of drinks, Donald, a colleague and good old friend of mine working on the same audit asked me point blank whether I would entertain making
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Hercules (Dwayne Johnson) is the leader of a band of mercenaries comprising the spear-wielding prophet Amphiaraus (Ian McShane) of Argos, the knife-throwing thief Autolycus (Rufus Sewell) of Sparta, the feral warrior Tydeus (Aksel Hennie) of Thebes, the Amazon archer Atalanta (Ingrid Bolsø Berdal) of Scythiaand his nephew storyteller Iolaus (Reece Ritchie) of Athens. Hercules is said to be the demigod son of Zeus, who completed the legendary Twelve Labors, only to be betrayed by Hera, who drove him insane and caused him to murder his wife Megara (Irina Shayk) and their children during a visit to King Eurystheus(Joseph Fiennes). Though Hercules's demigod heritage and the truth behind his
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A Study of Corporate Social Responsibility in Indian Organization: An-Introspection
India is a developing economy, here Corporate Social Responsibility (CSR) play important role in organizations. In Indian industry one can easily notice a paradigm shift from corporate philanthropist to being socially responsible. The importance of CSR is increasing in Indian corporate scenario because organization have realize that ultimate goal is not profit making beside this trust building is viable and assert able with societal relationship. The compulsion of CSR has emerged in last two decades when Indian organization realizes the importance of sustaining in this cutthroat
1494 words - 6 pages
Renee Ojo Ohikuare
Process Management and Organizational Theory
Reaction Paper 3
October 12, 2011
The Face of Higher Education:
Corporate Social Responsibility, Stakeholders and the Managerial Role
The purpose of this paper is to examine three themes that have been discussed in our Management Process and Organizational Theory course: Corporate Social Responsibility, the Stakeholders, and Managerial Roles. Corporate Social Responsibility emphasizes the commitment an organization makes to achieve greatness following the law and making a profit. The discussion of managers and their roles considers how certain kinds of manager’s function as it relates to
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Based on the notion that weapons manufacturers, in addition to other ‘sin industries’ such as gambling, tobacco and alcohol, have unreasonably been excluded from corporate social responsibility (CSR) research, Halpern and Snider (2011) conduct a study on US defence firms’ CSR. In accordance with the overall academic view that industry’s CSR is a result of managers’ CSR orientation (Carroll and Shabana, 2010), they evaluate US managers’ views and find their orientations to be predominantly similar to nondefense counterparties. Therefore, Halpern et al. (2011) suggest that weapons manufacturers ought to be included in the pool of CSR research and practice.
Primarily, the article presents
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What are the dangers and the benefits of corporate social responsibility, for employees, management, organisation, society and the environment?
An organisation have the leading and progressively essential role in our daily life, for example, the growing of most of the large firm and increase globalisation that refer to the organisation operating their businesses competing with the corporation in the world. One of an idea that has been the concern of the people in the recent years is the social responsibility. Social responsibility is one of the main problems in the business world. There has a link in between society, business and the government. In the past decade, the economic result of
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‘If a business wants to maximise profit, it cannot be concerned with corporate
social responsibility’. Critically discuss this statement.
This paper addresses the issue, if a business is to maximise profit, should it be concerned with corporate social responsibility. This is defined as the organisation’s duty to act ethically through the perspective of society and stakeholders and also known as CSR. Although it is a factor that should be taken into consideration if a business is to maximise profit, both positive and negative arguments should be contemplated. There is a range of arguments in terms of for and against with whether businesses should be concerned with corporate social
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Neulijan (Julian) Kore
Prof. Ping Zhang
Is the corporate social responsibility conflicting with Wal-Mart’s cost leadership strategy? Is Wal-Mart good for America?
Before analyzing Wal-Mart’s corporate strategy, it is important to identify what business it is in. For example, Wal-Mart is in the business of selling consumer goods such as TV’s, sheets, clothes, then it is pursuing a concentric strategy by entering in the food business. However, this changes depending on how you analyze what business Wal-Mart is in. Wal-Mart is in the business of selling everything customers need in their everyday lives. This includes the consumer goods listed above as well as food
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concerned it is important to know that
- the quiz will be available on the specified time only. So, it the tutor’s
responsibility to contact the course coordinator so the quiz is open in the correct time, - the has a password that should set by and obtained from the course coordinator, - the quiz has a time limit after which the quiz will be closed, and - the quiz will automatically close when the time is up. The snapshot below shows what you will see when you press on the button Attempt quiz now. The snapshot shows only one question, however more will be displayed. You will answer the question by ticking the correct answer and finally clicking on the button Save my answers.
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What is Clean Power's corporate social responsibility for each ethical issue you have identified in this case? (legal, economic, ethical, philanthropic).
Corporate social responsibility (CSR) is a form of corporate self-regulation integrated into a business model through its CSR policy intended to guide behavior and is in this sense, a self-regulating mechanism whereby Clean Power will monitor and ensure its adherence to law, ethical standards, and cultural norms. In other words, Clean Power will embrace responsibility for the impact of its activities on all stakeholders: the environment, consumers, employees, communities, shareholders and all other members of the public sphere. It also
737 words - 3 pages
u07a1 Project – Impact of Corporate Social Responsibility
For this project component, you generally assess the impact of corporate social responsibility policy on the workplace and corporate America.
* Assess how, and to what extent, corporate social responsibility can be meshed with a corporation's obligation to maximize profits for its shareholders.
Generally, CSR and the obligation of corporation functions hand in hand so that the company can be productive. The intention of any organization is to be lucrative, or to maximize its profits. When an organization works together the returns for the shareholders is undeniable. If the organization acquires the proper approach to
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Impact of Corporate Social Responsibility in Professional Sports
With the social issues that are present today, we look to our leaders to take a stand on the problems. We associate their success as a means to justify why their ideas are some of the best. We also look to them to be the leading innovators when it comes to making the world a better place. Corporate Social Responsibility (CSR) is just that, the capability to improve the lives of every community the company is able to reach. Over the last century, philanthropy amongst major companies has increased dramatically. This improves the society and is also great for the public image of the
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green” in this day and age.
Investing in companies has a lot to do with dollars and cents, but most would agree that investing in a “green minded” company has advantages over non-green companies in the financial long run. My argument is not one to try to prove that companies that aren’t concerned with corporate responsibility are unprofitable; the point of the matter is that while investors look at the numbers of a business, they also look at the practices of the company and its owners. Any company that shows interest in corporate social responsibility could not only be attractive to current investors, but also to new investors, thus strengthening its profitability, due to their views on
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Web site: http://www.apple.com/supplier-responsibility/accountability
Bloget, H. (2013, Nov 15). Come On, Apple Fans, Its Time To Admit The Company Is Blowing It. Retrieved from Business Insider: www.businessinsider.com
Chan, D. (2011). Activist Perspective: The Social Cost Hidden In The Apple Products. J. Workplace Rights, pp. Vol. 15 p3-4.
Chun, R. (2011). Corporate Responsibility at Apple CEO Tim Cook's greatest opportunity. Retrieved from IMD: www.imd.org
Cusumano, M. A. (2011, Dec). The Legacy of Steve Jobs. Communications of the ACM.
Goodell, J. (1996, April 18). The Rise and Fall of Apple Inc. Rolling Stone(732), p. p59. p7.
Gulielmo, C. (2012, Feb 17). Apple Supplier Foxconn
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Bonny van Dongeren
28 April 2014
Corporate Responsibility and Marketing Strategies
The Apple Corporation has very strong ethical and social responsibilities within the corporate world. They have also violated a lot of these ethical and social responsibilities which has caused it to hurt Apple Corporation’s reputation. One of the violations that will be discussed is the Wage and Benefits Standards. It is very important that Apple continues to follow these standard responsibilities. The other important factor to consider is keeping a price that will still keep Apple’s customers happy while paying their employees well. Apple has a lot to consider when dealing with their
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Corporate Responsibility and Marketing Strategies
Robyn Wright Herman
Dr. Tonya D. Moore
January 28, 2014
Corporate responsibility and Marketing Strategies are essential in today’s market and to any premier company in this day and age. Researching Apple’s ethical and social responsibility and their position will allow the consumer to determine if the company is meeting or exceeding their responsibility. Exploring the publications which documents the impact of the company’s reputation as a result of any violations will be outlined in this document. The paper will also outline what methods can be utilized in the future to ensure that its suppliers
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incident, he was also criticized for having a sunbathe on the beach of Isle of wight in southern England. Under the pressure of public comments, Tony Hayward decided to resign for restoring BP’s reputation.
In this case, I think the most important key term is responsibility, both include company’s social responsibility and BP CEO’s responsibility for BP and all relevant people. First of all, I want to mention that this is the most serious oil pollution incident in America. This event not only results in a large area of oil pollution but also caused ecological damage. It caused more than 547 birds died and Animals who live in the Gulf of Mexico will lose their wetland homes. So in this event
1635 words - 7 pages
Corporate Responsibility and Marketing Strategies
Dr. Bagher Fardanesh
Contemporary Business (508)
03 May 2014
Since it’s inception in 1977, Apple, Inc. has taken to task, the business of balancing social and ethical responsibility to include the impact of violations on the company. Apple has employed standards for suppliers to adhere to wage and benefits standards developed by its company and made itself a brand of value in the world market through diversity and innovation in its marketing strategy.
In 2011, Apple, Inc. stated on their website that “Apple is committed to ensuring the highest standards of social responsibility wherever our products are
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Corporate Responsibility and Marketing Strategies
Student Name: Gaurang S. Patel
Professor’s Name: Dr. Bridges
Course Title: BUS 508 – Contemporary Business
Date: 27th April 2014
Ethical and Social Responsibilities
The two ethical and social responsibilities towards the world are
1) Environmental Responsibility
2) Supplier Responsibility
1. Environmental Responsibility: Electricity is used to power electronic devices. As more and more products are being made the energy demand has gone up significantly. Since, most of our energy comes from burning fossil fuel. It pollutes environment leading to environmental issues and health issues.
i. Toxin free products: Many
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and deal with such employers.
To enhance the business, Apple can sell its products as prestigious products and create advertisement in favor of the company’s sales. The success of these elements, depend, however, on the actual products that are being sold. If the product doesn’t add extra value, Apple is unlikely to receive any kind of extra money to pay better wages to its employees and those of its suppliers, as he had promised.
1. Jason D. O'Grady (2009) “Apple Inc.”
2. Apple Inc. (2010) "Apple 2010 Supplier Responsibility Report")
3. Apple.com, 2014
4. M. Moore (May 27, 2010) ‘Inside Foxconn’s suicide factory’, The Telegraph
5. IFAC (2014) “International Standards on Auditing”
6. Cristina A. Cedillo Torres (2012), “Do Conflicts Affect a Company’s Corporate Social Responsibility Policy?”
7. Owen W. Linzmayer (2004) "Apple Confidential 2.0: The Definitive History of the World's Most Colorful Company"