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Corporate Social Responsibility and the US Economy - Research Paper Example

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This paper focuses on the ethical issues in relation to overutilization of resources, pollution and the charitable contribution related to the benefits of the tax received. The study tells about contributions towards environmental conservation; pollution and how to reduce emission of gases…
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Corporate Social Responsibility and the US Economy
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Corporate Social Responsibility and the US Economy

Download file to see previous pages... The moral minimum anticipates being part of the customary business practice and the forces restraints on the high-powered managers of companies (Cornelissen, 2004). The biggest environmental challenge that is facing most industries is development of an account on the environmental responsibilities widely but within the moral minimum to motivate most business compliances. Therefore, this becomes the accepted way of increasing profits in an accepted manner. In US, most companies assimilate corporate social responsibilities as their marketing strategies. In this regard, consumers may decide to purchase the products with reasons that they are supporting the social causes. Due to this, there is heightened financial performance aimed at the corporation through huge consumer profits. In addition, numerous companies have tried to establish social responsible corporate images. Through such techniques, consumers are involved either directly or indirectly in supporting the causes. Furthermore, there exists a superior model for sustaining development, which posits that businesses have the moral responsibilities to ensure that the activities are ecologically sustainable. Through this theory, the moral minimum should include ecologically sustainable perspectives. This seeks to reunite the natural ecological laws and the moral limits placed on the business activities (Adams, 2002). Businesses recycle the resources in appropriate rates and later compensate the ecosystem due to the losses that the productive capacity posses on its activity. Therefore, this knowledge on social environment perspectives is vital in the management of corporations. Case studies The Minnesota Mining and Manufacturing Company...
According to the research findings corporations like the Home Depot and the Minnesota Company has the responsibilities and duties to remain more significant in terms of environmental and social responsibilities in enhancing the financial performance. The company makes huge profits in participating and promoting the conservation of the environment. If all the resources involved in production are used and destroyed then the future success of the company is not feasible. Thus, the two companies promote environment and social responsibilities. They are partaking to better the natural environment through recycling some of the products and conserving the natural environment. These two companies have been prospects in preserving the environment basing on the social perspectives to act as recommendation for all our companies. Therefore, the companies should focus on the ways and methods of improving the manufacturing process to reduce all forms of pollution. Companies should also play active roles in the society and further sponsoring the communal projects to better the community. Through this, the companies will thrive both financially and advocate for our social well being in the society. The use of available natural resources in the U.S economy has been set in accordance to the satisfaction of the current living standards. Nevertheless, the environmental impacts on the global business have caused increased surveillance of United State corporations. ...Download file to see next pagesRead More
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ngislason added comment 3 months ago
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The topic of "Corporate Social Responsibility and the US Economy" is quite popular among the assignments in university. Still, this paper opens a brand new perspective of seeing the problem. I’ll use the manner for my own research.
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