Nobody downloaded yet

Coperate social responsibility - Essay Example

Comments (0) Cite this document
Summary
Corporate Social Responsibility is an important part of organizations’ strategy as they have realized that without proper CSR strategy they cannot survive for a long time. They have realized that they need the support from the masses. Here in this paper two companies are…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.8% of users find it useful
Coperate social responsibility
Read TextPreview

Extract of sample "Coperate social responsibility"

Download file to see previous pages This paper describes almost all the CSR activities of these two companies. Beside that paper also provides a descriptive view of stakeholder models of these two companies. Finally there is a comparative analysis of CSR activities of Microsoft and Tata. This comparison is made on the basis of their operating zone and industry in which they are operating.
Corporate social responsibility (CSR) has been defined in various ways over the time. Most experts believe that the foundation of CSR is good corporate citizenship. It is also believed that CSR is founded on acknowledgement by the organizations that they need to clearly understand and manage the massive influences of business on the society in order to benefiting both society and company as a whole (Marsden and Andriof, 1998). According to McIntosh and Andriof refers to the understanding of the corporate leaders regarding the fact that each and every activity of an organization has flow-on effect on both inside and outside of the company. Company’s activities would have effect on everything starting from customers to communities and environment. Several management writers argue that corporate social responsiveness deal with the capacity of any business organization to respond to various social pressures (Foley, Jayawardhena, October 2001).
In this paper CSR would be discussed in the context of two multinational companies, one is from a developed economy and another is from a developing economy. Microsoft is chosen as the representative of developed economies and TATA is chosen as the representative of developing economies.
Software giant Microsoft provides software service and creative business solution to its huge customer base. The company was founded in 1975 by Bill gates and Paul Allen. Various products of Microsoft include different versions of windows, MS-DOS, Office XP, .NET, 2007 Office system etc. (AEA Member Directory, n.d.). ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Coperate social responsibility Essay Example | Topics and Well Written Essays - 2750 words”, n.d.)
Coperate social responsibility Essay Example | Topics and Well Written Essays - 2750 words. Retrieved from https://studentshare.org/miscellaneous/1560654-coperate-social-responsibility
(Coperate Social Responsibility Essay Example | Topics and Well Written Essays - 2750 Words)
Coperate Social Responsibility Essay Example | Topics and Well Written Essays - 2750 Words. https://studentshare.org/miscellaneous/1560654-coperate-social-responsibility.
“Coperate Social Responsibility Essay Example | Topics and Well Written Essays - 2750 Words”, n.d. https://studentshare.org/miscellaneous/1560654-coperate-social-responsibility.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Coperate social responsibility

Social responsibility

...Social Responsibility Introduction Social responsibility is an important issue for all organizations. Nowadays it is widely understood that businesses, whether small or large, have social responsibilities that go beyond what previously was called the ‘economic function’ of businesses (Anderson 15). In the past managers, generally, had only to focus on the economic outcomes of their actions or choices; nowadays managers should also take into consideration and evaluate the social, moral, ethical, and legal outcome and implications of their decisions. In numerous business firms, though, this domain of...
10 Pages(2500 words)Research Paper

Social Responsibility

...? Social Responsibility of the of the Table of Contents Introduction 3 Social responsibility of corporate organizations 3 CSR practices in UAE 4 Public policy support for CSR in UAE 6 Conclusion 6 References 8 Introduction Corporate Social Responsibility (CSR) refers to practice in which the profit oriented corporate organizations make certain activities to improve welfare levels of the society. In the modern world, CSR has received significant attention from policy makers, corporate decision makers and the general stakeholders of the society. CSR is now established as a set of principles by following which, companies would be able to...
5 Pages(1250 words)Research Paper

Social Responsibility

...? Social Responsibility Introduction Corporate Social Responsibility (CSR) is defined as the constant commitment of the management of the organization to behave in an ethical way so as to contribute to the society and environment along with goodwill enhancement of the organization as a whole. It also helped in enhancing revenue of the organization resulting in amplification of its total profit margin. Due to which, it also helped in improving the quality of standard of the workforces as well as their families and the local society as a whole. It might help in enhancing the reputation and portfolio of the organization in the society thereby amplifying its loyalty within...
5 Pages(1250 words)Research Paper

Coperate strategy

...Evaluate TATE & LYLE international strategies and how they have managed their strategic challenges and strategic changes within this. You will in your evaluation need to consider the key factors of success in relation to the different strategic groups within food additive industry. Support your evaluation with relevant theory and academic models. International strategies adopted at Tate and Lyle As one of the world's largest producers of sweeteners and starches, the UK based company Tate and Lyle has been in the forefront in adopting international strategies and making it big in the industry. From 1988 to 97, it grew from a Uk/European food company into one of world's largest producers of sweeteners and starches in the world...
6 Pages(1500 words)Essay

HSBC Social Responsibility

...HSBC SOCIAL RESPONSIBILITIES Hongkong and Shanghai Banking Corporation known as HSBC, wasestablished in 1965. It is the world's largest banking company and was ranked upto the fifth number in the year 2000. Around 22% of the earings are from operations in Hong Kong. And at the end of the year 2004 HSBC was ranked the third largest banking Company round the globe. Its logo is a mixture of the HSBC's 19th century house flag and the Scottish flag. The bank has its headquarters in London. The international bank comprises of 9500 offices in 76 countries and terretories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. Their coperate and social...
5 Pages(1250 words)Essay

Coperate Social Responsibility

...Corporate social responsibility is the new approach of companies when it comes to leading and maintaining development in the fast-paced environment while working with their stakeholders' benefit. The success of any business is built on the success of the relationships they have with their customers and the communities in which they operate, getting involved with local communities is a valuable opportunity to build relationships. Some companies since its inception have long traditions of engaging in community activities because it is the right thing to do. For these companies, corporate responsibility, or 'CR', means managing their business responsibly and sensitively for...
5 Pages(1250 words)Essay

Identify and compare different business and management practices between US, European and Asian firms

...price as a criterion to measure executives’ performance. Second, in most Chinese firms , controlling shareholders is the government, whose capital is owned by the general populace. Thus, fearing of the loss of state assets and allowing for the low efficiency of supervision by the government, the Chinese government has been always cautious about implementing share-based incentive mechanisms, even though they are actively preparing necessary conditions for implementing share-based payment plans. Third, top executives in most firms are always appointed by the Chinese government or the. For these appointed top executives, they bear tremendous social responsibility and their main goals are to pursue the...
15 Pages(3750 words)Essay

Social Responsibility

...Social responsibility Social responsibility Placing company’s interest over personal interest Social responsibility is the abilityof a company to conduct its business in an ethical manner and in the best interest of the community. It is significant for managers to place the company’s interests over their personal interest because in this manner, the company is in a position to respond positively to emerging societal expectations and priorities. If personal interests are given first priority, it will result in conflict of interest between managers and employees thus affecting the performance of the company (Porter & Kramer, 2007)....
1 Pages(250 words)Research Paper

Social Responsibility

...Social responsibility Social responsibility refers to the ability of companies to see the need and maintain a good relationship between business and the ecosystem. That is, every organization must operate on measures that benefit the environment in one way or another. It is upon companies to be responsible enough to take care of the environment in which their businesses operate. It does not only employ to the organizations alone, but to any individual within the environment of economic development. This paper outlines the importance of social responsibility to the company and the environment as it attracts staff, enables...
2 Pages(500 words)Essay

Social Responsibility

...their business. 2. What is your definition of social responsibility? Does it fit into Friedmans definition? Why or why not? Do you think businesses have a social responsibility to their fellow man? Why or why not? My definition of social responsibility is responsibility for shareholders, employees, consumers, communities where businesses operate, and the environment. This does not fit into Friedman’s definition to some extent. My social responsibility definition agrees with Friedman that social responsibility promotes the goal of increasing...
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Coperate social responsibility for FREE!

Contact Us