Social Responsibility
Corporate social responsibility
Companies are facing increasing pressure from investors, consumers, and the society. For investors, they are required to increase profits while consumers and the society require them to be socially responsible. Scholars have studied corporate social responsibility for years and over the years, they have documented their findings concerning social responsibilities of corporations. Over the years, consumers have built the typology of unresponsive to highly responsive purchasing in response to corporate social responsibility. Unilever and alt Disney are examples of companies that have had corporate social responsibility in their cultures since their early years. These companies have benefited from being socially responsible by gaining increased publicity and responsive purchasing from consumers. Their profits have also increased considerably because of taking care of their social responsibilities. Companies should embrace corporate social responsibility in order to conform to the unavoidable concept of social purpose of the corporation.
Introduction
Businesses have been criticized…...
mlaWorks cited
BENabou, Roland, and Jean Tirole. "Individual and Corporate Social Responsibility." Economica 77.305 (2010): 1-19. Print.
Friedman, Milton. Capitalism and Freedom. Chicago: University of Chicago Press, 1962. Print.
Haanaes, Knut, et al. Sustainability Nears a Tipping Point. Boston, MA: MIT Sloan Review, 2012. Print.
Husted, Bryan W. "Risk Management, Real Options, and Corporate Social Responsibility." Journal of Business Ethics 60.2 (2005): 175-83. Print.
Social responsibility is subject of considerable debate. For not-for-profit organizations, their responsibility is defined by their mandate. Their donors set this mandate, or at least they accept it. It is actually not much different in for-profit entities, except that the general perception is that earning profit is not socially responsible, whereas the activities of not-for-profit entities are generally considered to be socially responsible.
For a for-profit entity, there are two schools of thought. Now, Friedman (1970) makes a fairly coherent case that the social responsibility of business is to increase its profits. Simply stated, business exists to earn a return for its shareholders. When people donate to a not-for-profit entity, they expect that entity will perform certain acts, and it is the same with respect to for-profit entities. People are investing in those companies to earn a return, and therefore the role of management is to focus on earning that return.…...
mlaReferences
Friedman, M. (1970) The social responsibility of business is to increase its profits. New York Times Magazine. Retrieved December 13, 2013 from http://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html
Social esponsibility
Types of people who live in the community in regards to the overall type of individuals who live within the community, the demographics vary considerable. However, the underlying values and principles that govern the population remain relatively homogenous. For one, many of the individuals on the base are military oriented or have some affiliation with the principles embedded within the military. The virtues of honor, respect, integrity and so forth, have a profound influence on the overall community. In addition, the community has a very deep respect for authoritative figures. This respect ultimately correlates directly with socially responsibility. In many respects, the community feels obligated to give to the communities in which it serves. This obligation provides ample incentive for the member of this community to give willingly of both their time and money. Even more compelling, is the sense of honor embedded with the Edwards Air Force base.…...
mlaReferences:
1) Visser, Wayne, Dirk Matten, Manfred Pohl, and Nick Tolhurst (Editors) (2007). The A to Z. Of Corporate Social Responsibility. London, England; New York, NY: Wiley. ISBN 978-0-470-72395-1
2) Armstrong, Scott (1977). "Social Irresponsibility in Management." Journal of Business Research (Elsevier North-Holland Inc.) 15: 115 -- 203. http://marketing.wharton.upenn.edu/ideas/pdf/armstrong2/social.pdf .
3) Kalinda, B. (Ed.). Social Responsibility and Organizational Ethics. (2001). Encyclopedia of Business and Finance (2nd ed., Vol. 1). New York: Macmillan Reference
Social Responsibility: The Container Store
Social Responsibility:
The Container Store
Social responsibility is defined by the small business encyclopedia as acting with concern and sensitivity, aware of the impact of [one's] actions on others, particularly the disadvantaged.[footnoteRef:1] This definition therefore implies the fact that a business must, perhaps above all else, respect and reward its employees. The case study below will focus on a thriving enterprise, and will thus describe the social responsibilities that the Container Store has, as well as how these relate to individuals within the organization and what issues can come along the way to challenge or help meet these responsibilities. [1: Social Responsibility. (2011). Small Business Encyclopedia. Retrieved October 22, from .]
The store was created by two individuals in the late 1970's, and was, needless to say, a struggling enterprise at first. However, with hard work, the Container Store has come to bring in almost $700 million in profits…...
mla"[We] embrace sustainability as a key to our economic future and feel businesses that do this will have a better relationship with all of their stakeholders and ultimately, be able to offer the best quality products at the lowest possible prices."[footnoteRef:5] [5: What We Stand For. (2011). The Container Store Website. Retrieved October 22, from < ]http://standfor.containerstore.com/ >.
And in regards to that which concerns the privacy and other personal organization capacities of the company, as well as the accuracy of the information provided, the Container Store has its success to demonstrate just how seamlessly all of these piece integrate. The company's website provides absolutely all answers to questions, therefore demonstrating both transparency and accountability.
The Container Store, having started from a small warehouse, is now a force in the organizational retail market, and not only strives to help the environment, communities across the country, but it also respect its customers, its employees, and constantly strives to modernize its technology in order to integrate its processes better.
Company Q. appears to have allowed the fear of corruption, particularly fraud and theft, on behalf of their employees to get in the way of their contributing to the greater good. It would appear that if management has concerns regarding employee theft then this issue should be addressed through theft prevention programs rather than an avoidance of engagement in activities that may or may not result in theft by employees. The donation process could be structured in such a way to safeguard against fraud and would provide assistance to many community members who cannot afford food.
While trying to listen to their consumers, Company Q. decided to bring in health conscious and organic products, yet the products that they have chosen are high end and therefore not affordable to many of their customers. On the one hand Company Q. attempted to be attentive to the needs of their customers yet…...
mlaReferences
Curtin, L.L. (1996). The caux roundtable principles for business. Nursing Management, 27(2),
54-57.
Pava, M.L. (2008) Why Corporations Should Not Abandon Social Responsibility. Journal of Business Ethics, 83(4), 805-812.
However, it's a social factor and the chance for the issue draw closer devotion on cooperation in that stipulation the chap by no means fall the twenty dollar invoice and making ethical decision is not even needed in this situation. In addition, the system of principles approaches in beneath our communal issue. Formerly the chance factor has been bringing in as an individual in an employment place the surroundings that have a system of principles to direct us as a communal factor. These regulations are shaped as guidelines. All of these can direct an employee when the strategy of moral is not available or simply when the strategy does not wrap up all the portions that an employee might hurry into it. These problems come into what is desirable to clarify human responsibility part of socially responsible morals.
However, many libertarians state that there is no social responsibility to do anything,…...
mlaBibliography
Derek Bok. 1982. Beyond the Ivory Tower: Social Responsibilities of the Modern University. United States.
Joseph J. Jacobs. 2000.: The Compassionate Conservative: Assuming Responsibility and Respecting Human Dignity. Oakland, CA.
Zeinab a. Karake-Shalhoub. 1999. Organizational Downsizing, Discrimination and Corporate Social Responsibility. Westport, CT.
Social Responsibility
Company Q's current attitude towards social responsibility is not positive. Social responsibility is "an obligation, beyond that required by law, for a business to pursue long-term goals that are good for society" (Riley, 2012). Company Q. has not demonstrated through any of its actions or policies that it subscribes to this philosophy. Its current approach demonstrates the company's policy with respect to the food bank is of particular concern, because there is no economic value associated with throwing that food away. It is evident that the company's excuse for not donating is quite flimsy, and any such concerns could easily be controlled by the company. There is no ethical issue with closing the stores, as the company has to operate profitably. Closing a store should be based on the long-run economics of the location. The company likewise does not get any credit for offering organic products, because that was…...
mlaWorks Cited:
Duff, V. (2012). How to improve corporate social responsibility. eHow. Retrieved December 8, 2012 from http://www.ehow.com/how_7640382_improve-corporate-social-responsibility.html
Riley, J. (2012). Introduction to CSR. Tutor 2 U.net. Retrieved December 8, 2012 from http://tutor2u.net/business/strategy/corporate-social-responsibility-introduction.html
(Chandley, 2010) In the case of RJ Reynolds, they have become involved in very little social responsibility. This is because, they consider these regulations to be a burden with them claiming that the sector is the most regulated in the industry. As a result, RJ Reynolds could learn from Philip Morris by implementing programs to reduce the number of minors using their products and promoting efforts to help people quit. ("Law and Taxes," 2011)
How is the ethical company using different media channels to promote their good deeds? Are they sincere?
As far as Philip Morris is concerned, they are utilizing: the television, radio, print advertising and the Internet to promote their different socially responsible activities. In this aspect, the company is sincere based on the total amounts of programs that are available While, RJ Reynolds is only using the Internet to: highlight the dangers of their products. This corporation is…...
mlaBibliography
Law and Taxes. (2011). RJ Reynolds. Retrieved from: http://www.rjrt.com/lawsntaxes.aspx
New U.S. Labeling Requirements. (2011). Florida Statesman. Retrieved from: http://story.floridastatesman.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/828064/cs/1/
Chandley, L. (2010). Corporate Social Responsibility. L Chandley. Retrieved from: http://lchandley.blogspot.com/2009/12/corporate-social-responsibility-philip.html
Social esponsibility Strategy
Veolia Transportation Company ensures the improvement of livelihood of people living in various cities, in America. The company offers high quality and environmentally friendly transportation services to the people. The company operates in cities, airports, universities and companies. Clients sought for Veolia services in operating their transport systems. Throughout the years, Veolia has been a leading transportation company in North America. Its contribution to the transport system has improved mobility of people within cities by providing multiple transportation systems to ease congestion and lessen time spent in travelling. Consumer need satisfaction should be the goal for any business on the planet
Citizens today face many challenges; an increase in gas prices and congestion due to population increase and even due to oppressive policies. Veolia comes in to improve the mobility of passengers in North America by offering appealing transportation solution that assist passengers move to their preferred destinations, offer…...
mlaReferences
Friedman, M. (2007). The social responsibility of business is to increase its profits (pp. 173-178).
McWilliams, A., & Siegel, D. (2001). Corporate social responsibility: A theory of the firm perspective. Academy of management review, 26(1), 117-127.
Yunus, M., Moingeon, B., & Lehmann-Ortega, L. (2010). Building social business models: lessons from the Grameen experience. Long-Range Planning, 43(2), 308-325.
Alexandersson, G., & Hulten, S. (2005, January). Public procurement and the rise of national champions in the deregulated European markets for public transportation. In Fourth International Business and Economy Conference, Honolulu (pp. 6-9).
The industry states that testimony about grief is only appropriate to a trial and to allow victims families to participate in the activities of the NTSB would be a "gold rush" plaintiffs' lawyers became part of the investigations" (Alvarez 1999:2). Even if victims' families did not initially think anything on the fault of the airlines had transpired, their lawyers would encourage them to believe so, and approach supposedly objective research like private investigators rather than scientists. In short, including alternative voices and interests would not promote objectivity either and advance the public good in creating a socially responsible airline industry, even though the adversarial process is admittedly part of the American trial system.
After all, the argument goes, a hearing is not supposed to be a trial, it is supposed to be fact-finding mission. "It promotes a rush to sign up clients...It's not good public policy. Families inherently do not…...
mlaWorks Cited
Alvarez, Michael. (6 Dec 1999). Crash course in ethics. Salon.com. Retrieved 1 Jul 2007 at http://www.salon.com/news/feature/1999/12/06/ntsb/index1.html
Elias, Barbara (Ed). (11 Aug 2006). Government releases detailed information on 9/11 crashes. National Security Archive Electronic Briefing Book No. 196. Retrieved 1 Jul 2007 at http://www.gwu.edu/~nsarchiv/NSAEBB/NSAEBB196/index.htm .
Hise, Phaedra. (1999). Grisly precision. Salon.com. Retrieved 1 Jul 2007 at http://www.salon.com/news/feature/1999/11/18/ntsb/index.html
Investigations Involving Criminal Activity. (2007). NTSB Official Website. Retrieved 1 Jul 2007 at http://www.ntsb.gov/Abt_NTSB/invest.htm#criminal
There is a good case to be made for focusing on externalities and seeking to manage all of them in a social responsible manner, especially as the world becomes globalized and the key success drivers become relationships and information.
orks Cited:
Mintzberg, H. (1994). The rise and fall of strategic planning. Harvard Business Review. Retrieved May 16, 2010 from http://online.worcester.edu/external/evescio/Principles%20of%20Management/strategicplan.pdf
Friedman, M. (1971). The social responsibility of business is to increase its profits. New York Times Magazine. Retrieved May 16, 2010 from http://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html
De Toni, a. & Tonchia, S. (2003). Strategic planning and firms' competencies: Traditional approaches and new perspectives. International Journal of Operations and Production Management. Vol. 23 (9) 947-976.
ettstein, F. (2010). For better or for worse: Corporate responsibility beyond "do no harm." Business Ethics Quarterly. Vol. 20 (2) 275-283.
Peng, M., ang, D. & Yi, J. (2009). An institution-based view of international business strategy: A focus on emerging economies. Journal of International…...
mlaWorks Cited:
Mintzberg, H. (1994). The rise and fall of strategic planning. Harvard Business Review. Retrieved May 16, 2010 from http://online.worcester.edu/external/evescio/Principles%20of%20Management/strategicplan.pdf
Friedman, M. (1971). The social responsibility of business is to increase its profits. New York Times Magazine. Retrieved May 16, 2010 from http://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html
De Toni, a. & Tonchia, S. (2003). Strategic planning and firms' competencies: Traditional approaches and new perspectives. International Journal of Operations and Production Management. Vol. 23 (9) 947-976.
Wettstein, F. (2010). For better or for worse: Corporate responsibility beyond "do no harm." Business Ethics Quarterly. Vol. 20 (2) 275-283.
A capitalistic society that provides open and free competition did not bring about Enron and similar debacles. It was the second part of Friedman's statement: "without deception or fraud" that led to such situations. It was the greed of several individuals who misreported their profits to get a larger part of the pot. Unfortunately, there will always be individuals like this -- it is human nature. That does not make the whole system corrupt. One can say that the competition inherent in the capitalistic enterprise encourages such behavior. Hoarding by one of the cave dwellers would never work. The hope is that lessons are learned from situations such as these -- that nothing works perfectly.
ichard E. Hattwick, professor at Western Illinois University and co-founder of the American National Business Hall of Fame concludes:
competitive market situations encourage the reasonably high standard of business ethics called the ethic of justice. The financial…...
mlaReferences
Boatright, J.R. 1994. Fiduciary duties and the shareholder-management relation: or, what's so special about shareholders? Business Ethics Quarterly 4:393-407
Friedman, M. The Social Responsibility of Business is to Increase its Profits. The New York Times Magazine. September 13, 1970. www.nobel.se/economics/laureates/1976/" http://www.nobel.se/economics/laureates/1976//
Hasnas, J. 1998 the normative theories of business ethics: a guide for the perplexed.
Business Ethics Quarterly. 8:19-42
Corporate Social esponsibility
Today's society is very much a corporate society where power is centered at many of corporate centers. Corporations are seen more than just tools and methods of living, but rather this way of life dictates the lives of millions as this system provides jobs and employment as an outlet of societal contribution. As a result of the deep and profound impact on society, many wonder what is the long-term effects of a corporate society and what benefits, if any, are available?
This line of questioning eventually leads to the idea of corporate social responsibility and the ethical and moral approach of the corporation within the human culture. The purpose of this essay is to describe the idea of corporate responsibility and examine it through the use of corporate philanthropy as a useful and practical method of success and benefit. The profitability, both long-term and short-term, will be discussed as…...
mlaReferences
Karnani, Aneel, (2010). The Case Against Corporate Social Responsibility. The Wall Street Journal, 23 Aug 2010. Retrieved from http://online.wsj.com/news/articles/SB10001424052748703338004575230112664504890
McKee, Steve, (2012). Corporate Social Responsibility: Distinction or Distraction? Bloomberg Businessweek, 9 Aug 2012. Retrieved from http://www.businessweek.com/articles/2012-08-09/corporate-social-responsibility-distinction-or-distraction
Thorpe, Devon. (2013). Corporate Philanthropy Programs are Diverse and Creative. Forbes, 10 Oct 2013. Retrieved from http://www.forbes.com/sites/devinthorpe/2013/10/10/corporate-philanthropy-programs-are-diverse-and-creative-get-ideas-here/
Current Events
Chapter 7 in Dickson, Loker and Eckman's Social Responsibility in the Global Apparel Industry is entitled "How Manufacturers and Retailers Organize for Social Responsibility: Internally, Collaboratively, and Strategically." The chapter is about how businesses define and practice labor compliance, and how they turn social responsibility into a core business strategy. The authors suggest that public reporting and transparency about corporate social responsibility is one of the ways that businesses strategize social responsibility in general. Businesses also incorporate labor compliance models into their sourcing decisions.
The information in Chapter 7 builds on previous chapters related to organizational learning and change as it applies to shifting towards corporate social responsibility. Therefore, the theories and models discussed and used include those related to organizational learning and change. The five stages of learning that were addressed immediately prior to the Chapter 7 overview include defensive, compliance, managerial, strategic, and civil stages of learning. The…...
mlaWorks Cited
Bell, Beverly and Erkert, Alexis. "Sweatshop Development in Haiti." Socialist Worker. Retrieved online: http://socialistworker.org/2013/05/01/sweatshop-development-in-haiti
Dickson, S., Loker, S., & Eckman, M. (2009). Social Responsibility in the Global Apparel Industry, NY: Fairchild Books
Ruf, Cory. "Canadian consumers 'can do a lot' to prevent sweatshop tragedies: McMaster business prof." CBC Hamilton. Retrieved online: http://www.cbc.ca/hamilton/news/story/2013/05/02/hamilton-bangladesh-fire-mcmaster-prof.html
"Sweatshops exist in Montreal, says local not-for-profit director." CBC News. April 28, 2013. Retrieved online: http://www.cbc.ca/news/canada/montreal/story/2013/04/28/montreal-sweatshop-bangladesh-garment-factory-collapse.html
Nike vs. Coca-Cola's sense of Corporate Social Responsibility
"ouldn't it be nice," to use the first words of Coca-Cola's popular advertising jingle, to find that these two popular American companies, Nike and Coca-Cola, were paragons of social responsibility? Or, if one is of a more anti-conglomerate and anti-capitalist turn of mind, wouldn't it be nice to find that the picture of harmony, of all the world being taught to sing in perfect harmony were a lie? In fact, neither is true -- the legacy of social responsibility of both Nike and Coca-Cola is a mixed one, although Coke's abuses, when they have occurred, have been more apt to be denied by the company, while Nike as a more internationally focused company, with a less 'family friendly' image has thus had more of an incentive to be open about its transgressions.
For instance, according to a November 13, 2004 report filed by an…...
mlaWork Cited
Coca-Cola. (2004) Official Website. Retrieved November 22, 2004 at / 'India" (2003) Mallen Baker. http://www.mallenbaker.net/csr/CSRfiles/page.php?Story_ID=1011 http://www2.coca-cola.com
Global Alliance Indonesia report on Nike (2004) Retrieved November 22, 2004 at & http://www.theglobalalliance.org/pdfs/indonesia2.PDFhttp://www.theglobalalliance.org/pdfs/indonesia1.PDF
'Nike." (November 13, 2004) Mallen Baker. Retrieved November 22, 2004 at http://www.mallenbaker.net/csr/CSRfiles/nike.html
We are assuming that your question is how you critically explore how the ideas of leadership and partnership practice would help you to address the challenges in corporate social responsibility. Many people are uncertain how to write a critical review or critical evaluation, because the approach is somewhat different than what you would find in standard lower-level academic writing.
To write a critique, it is important to understand that the academic definition of critical is not the same as the lay definition of critical. For the layperson, the word critical tends to be negative. However, from an academic....
CSR, or corporate social responsibility, refers to the idea that companies should hold themselves accountable for how their policies and procedures impact the greater world at large. CSR does not have a single definition, because it is tailored to each individual company and that company’s view of how they act in a responsible position. CSR is self-regulating, insofar as it is not imposed by outside forces, at least in terms of being regulated; outside forces, such as client decisions to purchase products or services, competitor responses to corporate policies, or business partner....
Firms meet the challenge of technological change by redesigning their innovation ecosystems in several key ways. This approach involves a strategic overhaul of their internal and external operations, relationships, and culture to foster innovation and adaptability. Here's how they do it:
Embracing Open Innovation: Moving away from solely in-house R&D, firms are increasingly embracing open innovation. This involves collaborating with external entities like startups, academic institutions, and other companies to source new ideas, technologies, and methodologies. This collaboration can take various forms, including joint ventures, partnerships, and innovation hubs.
Investing in Digital Transformation: Firms are investing heavily in digital technologies such as....
Certainly! Here's a unique and fresh essay topic that explores the relationship between community relations and public relations:
"Exploring the Shift Towards Community-Centric Public Relations: Empowering Communities as Catalysts for Change"
This topic delves into the evolving dynamics between community relations and public relations, with a focus on the growing importance of community-centric strategies in the field. You can discuss how traditional public relations approaches often focused on maintaining positive corporate images, while community relations primarily dealt with strengthening ties at a local level. However, in recent years, there has been a significant shift towards integrating community empowerment and engagement within broader....
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