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…
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
Cite this document
(“Corporate Social Responsibility and the US Economy Research Paper”, n.d.)
Retrieved de https://studentshare.org/business/1394043-corporate-responsibility-and-its-impact-on-the-us
(Corporate Social Responsibility and the US Economy Research Paper)
“Corporate Social Responsibility and the US Economy Research Paper”, n.d. https://studentshare.org/business/1394043-corporate-responsibility-and-its-impact-on-the-us.
Quite a few of these actors and factors are already located in the developing world and more are being relocated. Many of these MNCs’ foreign affiliates and arm’s length suppliers thus are governed by different level of CSR procedures
The foreign affairs and international trade department, Canada, has defined Corporate Social responsibility (CSR) as the way companies integrate social, environmental and economic concerns into their values and operations in a transparent and accountable manner.
People have foregone the cultural aspects of the traditional society which emphasized the need for good parenting, responsible lifestyles and general integration of children into the society through teachings that contribute positively to their lives. However, the fast-paced world has increasingly denied the child a chance to participate in the building of the society with parents spending too much time working at the expense of parental guidance and love (Kumpfer, Alvarado and Whiteside, 2003).
According to the report CSR may incur some costs that are short term and do not have immediate benefits on the fiscal position of the company. It will endorse positive ecological and social change. It helps a company to promote its vision as an accountable to wide range or players like investors, stakeholders and shareholders.
Introduction For the last one decade, the U.S. Airline industry has experienced a number of high-profile merges, the recent one being the US Airways- American Airline merger. According to the available literature the three motives of mergers are: monopoly motive, speculative motive and normal business motive.
uilt-in, mechanisms through which the business evaluates and ensures that it operates actively in compliance with ethical standards, the law and international expectations. As such, CRS activities care supposed to impact the stakeholders, environment, communities, consumers,
SR include the ability to recruit and retain qualified image, enhanced corporate reputation, improved operating efficiency and improved relations with environmental regulatory authorities. The choice of CSR projects is determined by the size of business, needs of the community,
In most cases, these strategic plans have been operated from four major themes, three of which are directly found in the 3 spheres namely economic, political and civil society. The forth is environmental. It has however been established that not much focus has been
Regulators of the environment come into play in the development of such guidelines. Another term for corporate responsibility relates to corporate citizenship (Rasche, Bakker & Moon, 2013). This term involves an organization incurring costs,