Public Relations (Corporate social responsibility)
The term 'Corporate Social Responsibility' refers to the social responsibility that a Company must honor towards the public, especially those people who have direct contact with and are therefore directly affected by the policies and actions of the company. The feeling that the social responsibility of multi-national companies are not of such standards that would satisfy the general public has lead to widespread protests and demonstrations against these companies at almost every free-trade meeting at the regional and national as well as the multi-national levels. The protests are also generally against worldwide globalization. Almost all major multinational companies are found lacking in their responsibilities towards the public. It is not at all sufficient for a company to satisfy its shareholders and investors and employees and the community in which they function from; in fact, these companies are expected to be aware of and take an active part in human rights issues, community development, environmental protection, and so on. The performance and success of the company is judged by these parameters, in addition to its financial performance. (Corporate Social Responsibility)
Some of the major accusations that have been leveled against multinational corporations are these: some corporations take over land that is ecologically unsafe or sacred to the locals of that state to build their companies, by using political influence, tax evasions and insider selling and frauds within the company, unethical experimentation, and targeting of the young for most addictive products like cigarettes and drugs, as well as the attempts to save costs by moving their factories to developing countries where young laborers are often forced to work under debilitating circumstances and polluted environments, are a few more accusations leveled against multinationals. The monopoly on the export of drugs enjoyed by multinational pharmaceutical companies has actually led to the increasing costs of drugs needed by the world to fight against the dreaded HIV and AIDS virus; the fact is that the costs for such vital drugs would be reduced by about 95% if this monopoly were to be banished. In the same way, the monopoly that the media enjoys actually reduces and controls information. (Corporate Social Responsibility)
However, it cannot be said that all multinational companies are doing more harm than good to the citizens of that area where the corporation has been set up. Take, for example, the corporation Hewlett Packard, or HP as it is more widely known. HP declares that it will behave in a very responsible manner towards the large number of people from all areas of society who are directly or indirectly influenced the world over by this multinational giant. It upholds its traditions of ethical commitment to the customers of HP, its employees, its partners, as well as its suppliers and to the society at large. HP declares that it is only in this manner that it would be able to continue to function in this modern day society. (Corporate Social Responsibility)
The commitment and social responsibility, according to Hewlett Packard, starts initially within the company, and it is towards its own employees that the company shows its commitment and responsibility. Suppliers and partners are next in line, and all these people are legally bound to follow the rules and regulations and policies laid down by the corporation regarding labor standards, safety measures, health regulations, and, most important of all, environmental protection. They emphasize the fact that all suppliers to the company are expected by the company to follow the said rules and regulations of socially responsible behavior. The company would adapt continuous improvement and corrective measures as and when the need would arise. (Our Commitment to Corporate Social Responsibility)
According to the Social and Environmental Responsibility Report of Hewlett Packard, the company lays out all the ground rules that would make it a socially responsible corporation that genuinely cares for its entire people, and reinforces its strong long-term commitment to the society and to the environment. The first and foremost rule that the company claims to have followed from its inception in the year 1939, is a basic respect for the individual, followed by a commitment to the customer and to the society, and then an inherent integrity and attention to team work and innovations. 'Lead by Example' being one of the primary mottos being followed by the company, its leaders lay bare the successes achieved by the company so that others may benefit from learning about it and use it in their own formulation...
Corporate Social Responsibility Literature Review a topic-Corporate Social Responsibility The term 'corporate social responsibility' is a social word that has often taken the world by a storm at its mention. Noya and Clarence (2007) in their book "The social economy: building inclusive economies" offers a succinct description and understanding of what normally takes place and get exemplified at the mention of this term in the business world. Many writers of business journals
Corporate Social Responsibility in Indian Pharmaceutical Industry An Exploratory Study Outlook of CSR in India History of CSR in India Philanthropy in Indian Society Modern Form of CSR in Indian Society Profile of Indian Pharmaceutical Industry Rationale for Selection CSR Activities by Indian Pharmaceutical Companies Major Influences Over CSR Activities Scope of CSR Activities Comparison of Indian & Western Pharmaceutical Companies This research paper is concerned with the recent practices of Indian pharmaceutical companies in the field of corporate social responsibility. For
Corporate Social Responsibility (CSR) is a legal and ethical mechanism, which businesses adopt to effect positive changes on social issues such as environment, health, economic conditions and others. This is primarily a philanthropic function of a business entity that empowers the community through various activities. Many organizations use community based initiatives aimed at sustainable development for local residents. It has become imperative for businesses to develop CSR initiatives in the
Corporate Social Responsibility (Sony) Corporate social responsibility (CSR) is no longer a tenable option to just be silent. Companies have to take responsibilities of their actions as a result of the impacts their businesses causes to the community and their stakeholders. For example during the recent oil spill of the British Petroleum Company (BP), at the coast of United States, the U.S. government did not remain silent on the issue but
" Apple went on to insist that it demands "compliance" with its code of ethics through a "…rigorous monitoring programme, including factory audits, corrective action plans and verification measures" (Chamberlain, 2011). A recent article published by the media company Al Jazeera (in Qatar) reports that Apple admitted "…some of its suppliers continue to overwork and underpay employees." Apple received heavy criticism for its factory work done by Foxconn so it opened
Corporate Social Responsibility I attaching assignment paper write essay CSR. Given the heightened level of international operations and globalization, pressure is mounting for corporations to behave ethically. Corporations are forced to developing standards, policies and behaviors as a demonstration of their sensitivity to concerns of stakeholder. The policies behaviors and standards are what a European commission called corporate social responsibilities. The Commission defined corporate social responsibility (CRS) as "a concept whereby companies
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