Related Essays
Corporate Social Responsibility
Companies use Corporate Social Responsibility to assess their effect on the social and environmental wellbeing and take responsibility. CSR is primarily a mechanism for self-regulation. Firms track and make sure that they comply with the law, actively, including standards of ethics, international and national norms. Occasionally, the efforts by such companies may go beyond the regulatory requirements or the groups for the protection of the environment (Belfiore, 2016).
Apple Inc. has emerged as a leading global manufacturer, marketer and designer of media accessories, communications devices, portable audio… Continue Reading...
Organizational Ethics and Corporate Social Responsibility
A. Create three corporate policies that reflect the organization’s culture and ethical viewpoints
· Encourage the empowerment and engagement of all employees in corporate decision making
· Collaboration within the workplace at all times and leadership development
· Active involvement and participation in the communities in which our business operations are present
1. Explain the rationale behind the policies, including how they align with the organization’s culture
· The rationale behind the corporate policy on employee empowerment and engagement is linked to the fact that when employees… Continue Reading...
The Role of Interactive Social Media in Corporate Social Responsibility Communications
1. Summary
One of the most significant new marketing platforms to emerge in recent years has been social media in general and more recently, interactive social media. According to the definition provided by Chao and Parker (2014), social media in general are “a group of Internet-based applications that build on the ideological and technological foundations of Web 2.0, which allows the creation and exchange of user-generated content” (p. 323). By extension, interactive social media are defined as those platforms that feature ways for consumers to directly… Continue Reading...
to satisfy the concerns of stakeholders affected by their operations. This is the core of corporate social responsibility (CSR). CSR theory asserts that business organizations exist for not only profit motives, but also social and environmental objectives (Schwartz, 2011). Indeed, CSR has become so that important governments in most countries around the world have enacted laws and regulations that businesses must adhere to so as to foster community wellbeing and environmental sustainability. Inattention to social and environmental concerns may harm an organization's public reputation or have serious legal ramifications on the organization.
WECAREHealth (WCH), a New Jersey-based pharmaceutical company, is facing serious human rights issues… Continue Reading...
Kroger Co.
As Snider, Hill and Martin (2013) note, corporate social responsibility (CSR) is what truly connects companies to the “larger society” (p. 175). CSR is one of the most important aspects of a company’s brand and image in today’s 21st century marketplace: consumers want to know what the companies they patronize are doing to make the world a better place—and companies have to respond with policies and practices that support and reflect the values and ideals of the communities they serve in order to stay competitive. This paper will discuss the Kroger Company’s CSR statement along with its… Continue Reading...
ethically but also strategically within the marketplace. Next, Marinova (2013) defines terms related to ethics and corporate social responsibility to help organizations to identify their weaknesses in these areas and make strong commitments to change and revising their ethical policies, particular in marketing. Moreover, the author offers some of the direct marketing solutions related to specific issues like false advertising and the sale of potentially harmful products from toys containing lead paint to food products containing items known to cause obesity or other diseases. The tremendous strengths of the Marinova (2013) article are only partially offset by methodological constraints, the lack of experimental design, and a… Continue Reading...
as part of a program of corporate social responsibility (CSR). CSR strategies are what corporations are adopting in order to address issues like global warming and climate change. They do so because they know that these issues are both important to their communities and to their own wellbeing. If companies do not take care of their planet, there will soon be no planet for them to do business in.
CSR policies that have been adopted by corporations include programs of “going green.” Green programs also range in nature, and depending on the type of corporation adopting… Continue Reading...
corporate social responsibility at heart and will lobby to make changes that will help bring about better equality in the world. The starting place is by showing support for a player who was cast out of the league because of a socio-political stance. I for one believe that what Kaepernick was fighting for is important, and I am glad to see a company like Nike get behind him rather than forget that he ever existed.
Thus, I believe the advertisement is effective in giving hope to the overall culture of… Continue Reading...
The relevance of ethics and corporate social responsibility cannot be overstated. This is more so the case given that a business that has in place an effective ethics and CSR framework is likely to develop a reputation as a responsible entity and minimize the regulatory burden (Andersen, 2004). It is for this reason that most companies take ethics and CSR undertakings seriously. Cisco is one such company. In a bold move, the company developed Ethics Idol as a more engaging and exciting alternative to PowerPoint presentations in training employees about ethical decision making.
Question #1.… Continue Reading...
helps explain directional growth whilst offering a backdrop for market opportunities linked to responsible investing.
1.2. Problem of the study
Despite several decades of studies into the link of organizational economic performance with corporate social responsibility, a number of researchers continue to maintain that considerable investigation is still needed before they can thoroughly comprehend the aforementioned link. In particular, there is a need to construct models encompassing variables that are overlooked (Chong & Phillips, 2016). Hence, this research work aims at bridging the gap in literature, with regard to effects of management ESG elements combined, on corporate performance, to some extent (Schadewitz and Niskala, 2010). This will be attempted through an inclusion of the synergistic influence of ESG's three facets in the above… Continue Reading...
corporate social responsibility find ways of linking employee performance with social justice issues that matter to employees, thereby helping the employees to feel like their work is actually making the world a better place. When a company cannot or does not wish to demonstrate corporate social responsibility, then it can appeal to employee needs for social support, providing opportunities for frequent employee social engagements and active feedback procedures.
Mosely, D.C., Mosely, D.C. & Pietri, P.H. (2015). Supervisory Management: The art of Inspiring, Empowering, and Developing People (9th edition) Cengage.
4.… Continue Reading...
and values purportedly embedded in the company’s ethical code (Mason & Simmons, 2013). Corporate social responsibility and environmental responsibility are both becoming strategic business practices that improve relationships with stakeholders by demonstrating respect. Research shows how businesses demonstrating openness to change, flexibility and adaptability, and an ongoing commitment to innovation are in a position uniquely situated to promote environmental sustainability at all levels of business practice (Pedersen, Gwordz & Hvass, 2016). Stakeholders may also respond to ethical decisions by altering their own behaviors, resulting in a domino effect of changing values and social norms. Organizations are in a position to set new standards… Continue Reading...
offer both positive corporate social responsibility (CSR) policies as these are often reflective of community concerns and an awareness on the part of the firm of what is important to the community (Luo & Bhattacharya, 2006). A firm that shows its interest in the community’s interests and needs is one that is more likely to be respected by potential employees. Most employees tend to seek incentives and want to be employed somewhere where they feel that their organization is supportive and has their interests at heart (Lazaroiu, 2015). A firm that does pay… Continue Reading...
a sense, the two were not just opening a business but were also adopting a corporate social responsibility perspective: meeting a need in the community and projecting good vibes and good will among the patrons in that region by sharing their struggles with them in the early stages. This allowed fast bonds to be made and for everyone to be pulling together for the same end: all stakeholders were made to feel like they were involved in the process and, ultimately, like they were all on the same team. It wasn’t just Wurstkuche that felt it had a responsibility to provide a social outlet in… Continue Reading...
growth. Baumgartner (2014) has shown that sustainability is a major factor in the corporate social responsibility policies of companies, and Tesla’s is vital to its success. Its vision for the future of technology and energy has made Tesla the leader in the EV market around the world.
Tesla is also involved in green energy through its SolarCity subsidiary. Tesla produces the Powerwall which is supposed to harness solar power for residential homes. By having this business, Tesla has shown to consumers and investors that it is serious about the green energy revolution. However, SolarCity is buried under a mountain of debt and Tesla’s… Continue Reading...
communities. The idea of corporate social responsibility is one that has gained popularity over the years because it puts companies on a pedestal, which is rightly so, because corporations serve the interests of so many stakeholders that they deserve to have the spotlight shown on them—and they also have a duty to do what is right by the communities that they serve. Were it not for the communities in which the corporations are situated, the corporations would not be in operation. Business is not a zero sum game but rather a process by which… Continue Reading...
when it comes to marketing. Indeed, more than one study has revealed that the increasing chatter about corporate social responsibility and mindfulness is no accident. Sure, some of it devolves into navel-gazing and other forms of unwarranted self-importance. Others still are not the least bit reasonable or sufficiently perceptive about what they think and why (Millennial Marketing, 2017).
Even with that, there are a great many Millennials that understand that businesses and marketers have money to make. At the same time, those people also insist that the companies that they do business with act and behave in certain ways and actively refrain from allowing or encouraging other… Continue Reading...
a strong company culture. Establishing a strong company mission, based on values of corporate social responsibility, remaining dedicated to ethical principles, and sticking to a policy of accountability are also crucial components in a strategy designed to stimulate motivation. Employees need not just to be and feel trusted through… Continue Reading...
and consequences are identified, and lastly, the right thing to do is determined and then implemented. Ethical business dealings necessitate mutual trust, fair transactions and honest communication. Corporate social responsibility (CSR) takes into account an organization's obligations to the society, incorporating the wellbeing of people and places impacted by its activities. Ethics can be taught through five key aspects and these include personal integrity,… Continue Reading...
since the rise of the concept of corporate social responsibility (CSR) which refers to a company’s advocacy of and support for the values important to the “social, environmental and economic environment in which” the company operates (Castka, Bamber & Sharp, 2005, p. vii). When companies fail to consider the triple bottom line—the impact of their business operations on people and the planet as well as on profits—then they fall into that group of companies condemned by Feldman (2012) in his Sunday Review letter: such corporations fail to appreciate “how their obsession with the bottom line is shrinking… Continue Reading...
