International Business ) - Research Paper Example

Corporate social responsibility also has a great impact on the company’s market share and expendability. Many companies in various continents treat corporate social responsibility as a key aspect of their company survival technique. It has evolved from being a value additional concept of management to on being among the key concepts. This is because consumers evaluate their produces depending on how friendly they are to the environment, and their conformance to most of the international laws that business ethics demand be met.

Many European companies are among the leading socially responsible companies in the present society (Global edge, 2012). This is true because Europe gets ranked as one of the greatest markets in the world. For this reason, the companies that operate in this zone must be willing to impress their consumers. The FTSE index provides the best tool in monitoring corporate socially responsible companies, in Europe, and the remaining parts of the world. The reshuffle of leading global responsible investment index series provides information on the companies that have adhered to environmental and social laws in the internal business arena.

Companies get to fluctuate from one position to another because social laws change daily, and an organization will not be able to conform to each and every that is passed. In addition, not all corporate laws are universal. One of the most common companies that are socially responsible in Europe is Microsoft Europe. This is a company that was invented by Bill Gates and Paul Allen way back in 1975, and has since with co-operation with other companies revolutionized the software computing industry.

As a software company, Microsoft does not face common responsibility in terms of social and environmental laws like other production companies. This is because it does not pollute the environment or utilize much of its resources (Barth & Wolff, 2009). Despite this, social responsibility has been key to the company because it has since been expanding in to different countries that harbor different social values. Microsoft has also been aware of the security issue their customers get to face in the internet, hence introducing free protective software’s such as windows defender.

They have also included a vast number of language packs for their software users, hence allowing their products to be used by almost everybody in the world. Another company that is well known for its social responsibility and international conformance is Toshiba. Toshiba is an electrical component manufacturing companies to most other manufacturing companies, mostly in the computer industry. With a company of this nature, it demands so much from the environment due to the need for raw materials such as plastic and carbon fiber used in designing electrical circuit boards.

It also utilizes metallic elements in some of its parts mostly aluminum and copper wires for cabling purposes. This means that the company gets to emit a lot of toxic gases to the environment. This will demand that to shows a lot of responsibility to those that live in its environment, and employees that work inside. However, the German company is ranked as the 22nd among the top a hundred companies that are socially responsible. This is because they have made sure that they do not release high levels of toxic gases to