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Corporate Social Responsibility - Assignment Example

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The author of the "Corporate Social Responsibility" paper critically evaluates how corporate responsibility is being adopted by companies in relation to the current market environment. The author uses examples to cite companies of excellence as well as companies that could be doing more…
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Corporate Social Responsibility
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Download file to see previous pages Corporate social responsibility refers to the responsibility of an organization that focuses not only on optimum utilization of available resources, but also on ensuring its resources, processes, and products are not causing harm to the society at large, and also try to add greater value. However, the explanation of CSR is not limited to this thought and is perceived differently by different organizations, different groups of population and different regions of the world (Karake-Shalhoub & Karake, 1999).

A holistic understanding why organizations can have such lasting effect on the society may be drawn from Dawe’s (1970; p.214) explanation of sociology that identifies two distinct aspects, sociology of social systems and sociology of social actions both of which are of opposing nature but concerned with order and control of situations. Considering organizations as social systems, individual needs were integrated with organizational needs through various approaches that reinforced human relations (Morgan, 1998). Barnard (1938) defined the organization as a system of consciously coordinated activities of two or more persons (Rainey, 2009; p.35). Applying Dawe’s (1970) postulation on the sociology of systems and sociology of actions to organizations, as defined by Barnard (1938), a clear link can be established on the influence that organizational actions can create on systems and vice versa.

Organizations play a significant role in shaping society in terms of gender, race, class, political power, economic status, sociocultural influence, on the environment, etc (Handel, 2003; p.371). Organizations have the power of people to drive the right thing and also the financial aide to help the society in driving activities that can help society. In the context of an organization, society would include employees, shareholders, customers, suppliers, government and legal bodies, environment, and all non-associated people of the region. Considering the impact an organization can create on these societal elements, organizations have been taking up CSR initiatives in various ways. ...Download file to see next pagesRead More
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