Corporate Social Responsibility in Supply Chains the Impact in the Context of Global Supply Chains - Literature review Example

The paper “Corporate Social Responsibility in Supply Chains –the Impact in the Context of Global Supply Chains” is a meaningful variant of the literature review on management. Corporate Social responsibility (CSR) implies the “notion of developing business solutions in such a way that requirements of the current world population are met without doing harm to the needs of future generations”. This, therefore, requires that businesses conduct their activities while being very mindful of future generations. CRS has currently gained a lot of prominence as a business tool in first-world countries, particularly in supply chains as noted by Tage et al (2009). It is from this premise that the present report critically analyses the effect of CSR on sustainable supply chains on the global arena, the barriers therein, and the need for future research.

INTRODUCTION
As already indicated earlier in the foregoing executive summary, the notion of CSR aims at developing methods that can be used to contact business satisfactorily for the present population in the world while being very mindful of the comfort of the next generations (UNCTAD, 2012). Corporations the world over are under pressure from all quarters to embrace the idea of ‘corporate social responsibility’ as observed by Amaeshi et al (2008). The reasons underlying this ‘pressure are many and varied. David (2009) for instance, underscores the importance of adopting CSR in business because the idea allows an organization to act both sustainably and innovatively protecting the concerns of the stakeholders. While embracing the notion of CSR, organizations must therefore put into consideration the aspects of the economy, the environment, and social equity.

In view of this realization, the present report aims at analyzing the impact of CSR in the context of global supply chains. The report specifically examines the relationships found resident between firms and suppliers (David, 2009). In this context, firms have the responsibility of being good ‘customers’ to their suppliers by upholding ‘sound purchasing ethics’ while avoiding such practices as: “deception, bribery, price rigging, unsafe products, and public safety” as highlighted by Amaeshi et al (2008).