Corporate Social Responsibility And Its Effect On The...

Corporate social responsibility is the voluntary actions firms take in order to address both its own competitive interests and the interests of wider society. Firms endeavour to integrate their principles and ethics into their production process, employee treatment and impact to the community as CSR affects the ways in which its stakeholders perceive a firm and this influences their behaviour towards the firm; and in turn profits. Stakeholders are those who are affected or can affect the firms’ performance, for example shareholders, investors, customers, employees, supplier and the government. CSR is the way a company conducts its business in relation to ethics, sustainability and transparency (Van Marrewijk 2003). Corporate Social†¦show more content†¦Carroll, a scholar on the topic. â€Å"The social responsibility of business encompasses the economic, legal, ethical and discretionary expectations that society has of organizations at a given point in time.† His definition is commonly used as it is open to the continuous change in CSR efforts and is highly applicable today as he writes â€Å"at a given point in time†. Also his definition is very broad and talks about both economic and ethical responsibilities of stakeholder. Another useful definition is by the European Commission who describes CSR as: â€Å"A concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis† (EU 2010). The EU’s definition is greatly applied as it’s more recent and contains two key elements, the social and the environmental aspects. Lastly the International Guidance Standard on Social Responsibility defined CSR as â€Å"†¦ the responsibility of an organization for the impact of its decisions activities on society and environment, though transparent and ethical behaviour that a) contributes to sustainable development, health and welfare of society; b) takes into account the expectation of stakeholders; c) is in compliance with applicable law and consistent with international norms of behaviour; and d) is integrated though the organization and practised in its relationships† (Blowfield and Murray, 2011). iii. SYNONYMS OF CSRShow MoreRelatedThe Impact Of Corporate Social Responsibility On Business1626 Words   |  7 Pages In contrast, this research shows that the impact of corporate social responsibility can extend beyond public relations and customer goodwill to influence the way consumers evaluate a company s products. Specifically, this research documents that acts of social goodwill--even when the y are unrelated to the company s core business, as in the case of charitable giving--can alter product perceptions, such that products of companies engaged in prosocial activities are perceived as performing betterRead MoreArguments for and Against Corporate Social Responsibility1004 Words   |  5 PagesWhat is corporate social responsibility? Give arguments for and against social responsibility? Ans. Social Responsibility Social responsibility can be defined as: â€Å"A business’s obligation to follow goals that are good for both organization and society in the long-term, and are not required by law.† Corporate Social Responsibility The term corporate social responsibility came in to common use in the early 1970s. It means the duty of an organization towards society in order to prove itselfRead MoreCorporate Social Responsibility ( Csr ) Encompasses Business Practices Involving Actions988 Words   |  4 PagesCorporate Social Responsibility Corporate social responsibility (CSR) encompasses business practices involving actions that benefit the organization and the stakeholders, which comprises of the society (Schermerhorn, 2012). â€Å"CSR is becoming more mainstream because pioneer companies are embedding sustainability into the core of their business operations to create shared values collectively for business and society.† - Liz Maw Understanding Microsoft’s Corporate Social Responsibilities MicrosoftRead MoreThe Impact Of Business On The Environment889 Words   |  4 Pagestakes have an effect not just on the firm, but also on the external environment within which it operates. The local economic environment the firm operates and the global environment as a whole can be affected by an organization s action. Crowther et al. list some of such effects as: †¢ The utilization of natural resources as a part of its production processes †¢ The effected of competition between itself and other organizations in the same market †¢ The enrichment of a local community through the creationRead MoreCorporate Social Responsibility : A Company s Responsibility Essay1737 Words   |  7 Pages LITERATURE REVIEW Corporate Social Responsibility can be defined as a company’s responsibility to ensure ethical business behavior, contribution to the economic development of a country, improve the lifestyle of its own workforce and their family members, betterment of local community and overall society. It is some small amount of cost done by the company which effect can’t be seen in the present but in long term it promotes positive image for the company. Successful CSR program can take a companyRead MoreCorporate Social Responsibility in Brunei1423 Words   |  6 PagesCorporate Social Responsibility in Brunei Introduction Companies and governments are determined to involve in different activities that are required by public pressure. Such activities are usually part of corporate social responsibility practices. In other words, if companies want to establish a strong position on the market and to ensure the support of the customer segments they are targeting, they must do more than just develop high quality products and services. They must get involved in theRead MoreCorporate Social Responsibility Essay1334 Words   |  6 PagesThe term Corporate Social Responsibility refers to a company’s responsibility to provide a benefit to the society the company affects. Corporate social responsibility incorporates dimensions of corporate responsibility, and corporate policy which include a company’s policy to hire minority or disabled workers, or taking a stance on social and political issues that benefit the community. The social portion of corporate social responsibility includes corporate c haritable business contributions andRead MoreConcept Of Corporate Social Responsibility1723 Words   |  7 PagesSocial responsibility is an idea that has been of concern to mankind for many years. Over the last two decades, however, it has become of increasing concern to the business world. This has resulted in growing interaction between governments, businesses and society as a whole. In the past, businesses primarily concerned themselves with the economic results of their decisions. â€Å"Today, however, businesses must also reflect on the legal, ethical, moral and social consequences of their decisions† (AndersonRead MoreThe Airline Industry And Tourism Industry1176 Words   |  5 PagesThe development of the airline industry has grown tremendously with technology and transformed the use of travel to an international basis. The sector of airlines in the tourism industry in modern times has grown in identifying its environmental, social, economic impacts and companies in itiatives in undertaking responsible management. The popularity of the airline industry first started after World War II. The size, scope and importance of the transportation sector began to heavily rely on theRead MoreWhat Does Corporate Responsibility Mean1518 Words   |  7 PagesWhat Does Corporate Social Responsibility Mean? Corporate initiative to assess and take responsibility for the company s effects on the environment and impact on social welfare. The term generally applies to company efforts that go beyond what may be required by regulators or environmental protection groups.  Ã‚   Corporate social responsibility may also be referred to as corporate citizenship and can involve incurring short-term costs that do not provide an immediate financial benefit to the

Antiaging Free Essays

Initiating tips–put ice on face before putting moisturizer on as it helps skin absorb the ingredients sleep on silk pillow Unionized alkaline watt I stand on my head every day for five minutes to engorge my face and head with blood and keep a youthful look â€Å"Use sunscreen even on days you don’t think the sun Is out: Skin cancer Is a silent killer. Know the difference between VA and PUB. And remember, It takes 30 minutes for the sunscreen to activate. We will write a custom essay sample on Antiaging or any similar topic only for you Order Now Fewer wrinkles and sun spots, and less of a risk of cancer â€Å"l take 10 breaths, three times per day (in through nose, out through mouth), at a 2 to-3 ratio. For example, breath in four seconds, then breath out six seconds. Focusing on your exhale releases more toxins, and allows more oxygen in cells. And when you’re working out, do two to three all-out bursts for 12 seconds each during cardiac†¦ His can strengthen the inner membrane of mitochondria, which slows or reverts deterioration of cells†¦ â€Å"Wet (but don’t drain) caffeinated tea bags and freeze. Use the frozen tea bags on closed eyes for 20 minutes three times a week to reduce dark circles, puffiness, and disconsolation. Tea bags can be any brand but MUST have caffeine, which does the work. † prevents deterioration of cells. â€Å"Wet (but don’t drain) caffeinated tea bags and freeze. Use the frozen tea bags on work. † How to cite Antiaging, Papers

A Day in the Life of a Cherokee Indian Essay Example For Students

A Day in the Life of a Cherokee Indian Essay A Day in the Life of a Cherokee Indian Tribal Community The Cherokee Indians are a tribal community located in the southeast region of America mostly in North and South Caroline, Kentucky, Virginia, Georgia and Tennessee, they normally live near rivers but in different areas, each family had two houses in different villages, one for summer and one for winter. Their summer homes were larger shaped as rectangles and were made out of sticks with a conical shape roof made from bark, their winter homes were made out of mud with mud added on the outside for extra support and protection from the cold, the roofs were also made out of bark. They had a population of around 400-500 people so there was roughly 60 homes per village, the whole village had a wall of poles tied together to add protection to the village. The Cherokee’s travelled by canoes they made out of hollowed out logs through the rivers as transport, but they would just walk as there were no horses. The political side of things was fairly simple, they would have the red chief in times of war or if there was a disturbance, but if it was peaceful they would have the white chief in charge as he was in charge to keep things ordered and pleasant. When there was peace in the village which was most of the time, the red chief only had the responsibility to keep his soldiers and himself fit, healthy and ready for any attacks. The men and women in the Cherokee tribes had roles to help the village stay civilised, the men were in charge of diplomacy, war and hunting, the Cherokee women looked after properties, crops and their families. Men would always make the political decisions for the tribe but other than that they were equal and there wasn’t much discrimination. The women would harvest the crops, they had quite a large variety of foods, they gathered corns, beans, squash, sunflowers, berries, nuts and fruit, the men also contributed to the food gathering by hunting deer and turkeys as well as fish from the rivers. The Cherokee Indians devised lots of their own recipes to make the food more exciting, many of their recipes are still used today as they mostly made soups and stews. The Cherokee’s had many different ways to heal any mental, spiritual or physical illness, they have over 700 different plants that are used for healing, all though some simply make you think they are helping you but some have been proved to work well. A ritual would be performed all mornings which gave thanks to the creator and seeking harmony and balance in everything. Another common ritual that the Cherokee’s would perform was called â€Å"going to water†, they would perform this ritual at sunrise for special occasions such as a spiritual dance, the new moon or bad things such as night mares or illnesses. The Cherokee’s had many more rituals but haven’t released them to people over the internet.