Nobody downloaded yet

Business Strategy - Collaborating to achieve Corporate Social Responsibility and Sustainability - Research Paper Example

Comments (0) Cite this document
Summary
This paper studies the article “Collaborating to achieve CSR and sustainability” by Murray, Haynes and Hudson to analyze the importance of collaboration in the field of corporate social responsibility (CSR) and sustainability.
With the progress of time, organisations of any…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.7% of users find it useful
Business Strategy - Collaborating to achieve Corporate Social Responsibility and Sustainability
Read TextPreview

Extract of sample "Business Strategy - Collaborating to achieve Corporate Social Responsibility and Sustainability"

Download file to see previous pages It is important that every sector of the society must co-operate with business to find solutions to such profound and complex challenges. Collaboration is the co-operation and co-ordination that is necessary between all business, government and non-government organisations to cope with all such challenges. It is a situation where people work towards attaining a wider goal beyond the boundaries of an organisation. Keeping in view the responsibility towards the economic development of the society, collaboration and partnership between different organisations seem to be more logical manner to maintain the flow of development. Collaboration can have the advantages of “improved access to resources, sharing of risk, increased efficiency, co-ordination and seamlessness” between different organisations and institutions (Murray et al 166). Collaboration is also imperative because it is not possible for a single organisation to deal with moral problems of the society like “poverty, crime and drug abuse”. Collaboration can take place between business organisations and governments or between governments and NGOs to address various social issues. Companies may often collaborate with governments and NGOs with the purpose of learning from their partners for their benefits and also for the benefits of the partnership. In the framing of the structure of the collaborations, the organizations should be careful in choosing a collaboration which would meet the objective of the CSR of the organization. In building the collaboration, special emphasis should be provided to maintain relationship between the units with which the business houses are collaborating. Various strategies also have been framed for the better utilization of the collaboration process (Murray et al 161-174). Every organization is responsible to the society and its ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business Strategy - Collaborating to achieve Corporate Social Research Paper”, n.d.)
Business Strategy - Collaborating to achieve Corporate Social Research Paper. Retrieved from https://studentshare.org/miscellaneous/1590376-business-strategy-collaborating-to-achieve-corporate-social-responsibility-and-sustainability
(Business Strategy - Collaborating to Achieve Corporate Social Research Paper)
Business Strategy - Collaborating to Achieve Corporate Social Research Paper. https://studentshare.org/miscellaneous/1590376-business-strategy-collaborating-to-achieve-corporate-social-responsibility-and-sustainability.
“Business Strategy - Collaborating to Achieve Corporate Social Research Paper”, n.d. https://studentshare.org/miscellaneous/1590376-business-strategy-collaborating-to-achieve-corporate-social-responsibility-and-sustainability.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Business Strategy - Collaborating to achieve Corporate Social Responsibility and Sustainability

Corporate Strategy on Corporate Social Responsibility

...Corporate Strategy On Corporate Social Responsibility One of the consequences on corporate strategies of the financial squeeze in the ongoing recession is the shift away from due diligence of its corporate social responsibilities by large companies. A survey conducted by KPMG demonstrates that almost a third of the businesses enterprises in the United Kingdom have reduced their expenses towards corporate social responsibility initiatives. In this period of financial squeeze business enterprises are revisiting their strategies towards corporate social responsibilities from the perspective of the strategies that they need to put in place to make the business sustainable. Business enterprises believe that sustainable business... is the...
1 Pages(250 words)Article

Corporate social responsibility and business

...on corporate social responsibility. Cheltenham: Edward Elgar Pub. Collis, J. and Hussey, R., 2009. Business research: a practical guide for undergraduate & postgraduate students. Houndmills, Basingstoke, Hampshire: Palgrave Macmillan. Farquhar, J., 2011. Case study research for business. [S.l.] Sage Publications. Heald, M., 2005. The social responsibilities of business: company and community, 1900-1960. New Brunswick, N.J.: Transaction Publ. Horrigan, B., 2010. Corporate social responsibility in the 21st century: debates, models and practices across...
6 Pages(1500 words)Essay

Business Ethics Corporate Social Responsibility

...the problem at hand not decisions that are likely to impact negatively on the targeted people. 6. Merck had an ethical obligation in as far as the development of the drug was concerned. First foremost, it is Merck’s responsibility to establish the impact of the drug on the targeted people. Even if the drug had a small chance of curing river blindness, it would be Merk’s duty to ensure that the company upholds its ethical principles in as far as health and safety of the targeted people are concerned. There should not be any chances used when a drug that impacts on the health of people is developed. The main issue here is that the company should be sure that it is doing the right thing in as far as development of the drug...
4 Pages(1000 words)Assignment

Case Study: Corporate Social Responsibility & Sustainability

... enterprise. A balance must exist between the company’s ability to generate enough profits for the owners and its capacity to engage in CSR initiatives without putting the interest of shareholders at stake. Bibliography Erickson, M 2009, ‘Business in society: people, work and organizations’, Polity, Cambridge Malden, MA. Hahn, R 2010, ‘HOST EUROPE: ADVANCING CSR AND SUSTAINABILITY IN A MEDIUM-SIZED IT COMPANY’, Richard Ivey School of Business Foundation, Ontario. Jamali, D & Mirshak, R 2007, ‘Corporate Social Responsibility (CSR): Theory and Practice in a Developing Country Context’, Journal of Business Ethics, 72:243–262 Lorenz, K & Lal, R 2010, ‘Carbon sequestration in forest ecosystems’, Springer, cop., Dordrecht.... ? Host Europe:...
3 Pages(750 words)Case Study

Corporate Social Responsibility (Business Ethics)

...CORPORATE SOCIAL RESPONSIBILITY Introduction Corporate social responsibility is an important but "evolving" concept and thus while it may be easier to define it; it is certainly difficult to explain the motives of a company behind adoption of this strategy. It is believed that firms are not always interested in long term image enhancement that results from CSR but some are simply looking for immediate financial gains accruing from spending on community projects. CSR, regardless of a company's primary objectives, is an important subject of debate in business ethics study since it is commonly believed that...
13 Pages(3250 words)Essay

Business Ethics & Corporate Social Responsibility

...Running Head: Business Ethics and Corporate Social Responsibility: Cases Analysis CASES: MAPLE LEAF CASE STUDY: AN EXAMPLE OF CRISIS MANAGEMENT Pritesh Patel Professor: Dr. Mark Schwartz Course Code: ADMS3660, C Student No.: 209-586-223 Date: July.28th, 2010 Word Count: 1630 Abstract It is the right of the consumer to use a product without having to worry about any problems that the product may inflict on the consumer. In August 2008, the Canadian food manufacturer Maple Leaf came under close scrutiny after the products the company produced were found to contain Listeria. 22 people died while multiple others suffered serious illnesses. The company immediately suffered a...
5 Pages(1250 words)Case Study

Corporate Social Responsibility in Business

...) ‘The environmental responsibility of business is to increase its profits (by creating value within the bounds of private property rights)’, Industrial and Corporate Change, 19 (1)   Galbreath, J. (2009) ‘Building corporate social responsibility into strategy’, European Business   McManus, J. (2011) ‘Revisiting ethics in strategic management’, Corporate Governance, 11 (2)   Pava, M.L. (2008) ‘Why corporations should not abandon social responsibility’, Journal of Business Ethics, 83 (4)   Porter, M.E. and Kramer, M.R. (2006) ‘Strategy & society: the link between competitive advantage and corporate social responsibility’, Harvard Business Review, 84 (12)... Lecturer First Scenario Is it possible to successfully inculcate...
3 Pages(750 words)Essay

McDonalds Corporate Social Responsibility and Sustainability

...conditions in the community. The company’s menu caters for approximately 1,900 customers in different restaurants across the country (“Social Responsibility”). McDonalds is one of the most successful businesses in the world. It is the most popular foodservice provider in the world and has one of the highest returns on the stock market (Singh). The company has a good reputation and tries to maintain this by listening to the customer’s needs and catering for them in every way possible. The company is committed to the community and the customers and puts their needs first. Each year the company aims to enhance its sustainability efforts. The stakeholders in the company...
6 Pages(1500 words)Research Paper

Corporate Social Responsibility and Sustainability

...Lecturer Corporate Social Responsibility (CSR) and Sustainability Introduction The Chipotle Mexican Grill, Inc is an organization which manages a restaurants chain in the USA, France, Canada, United Kingdom and Germany. The company specializes in preparing and serving tacos and barritos. The mission of the company is; Food with Integrity. This mission illustrates the importance the company places in organic ingredients for their products. Chipotle prides itself in serving the most naturally raised meat in the USA. The company was founded in the year 1993, by Steve Ells. Recently, the company diversified into the Middle East market. It has established a presence in Saudi...
2 Pages(500 words)Essay

Sustainability - Corporate Social Responsibility: Black Milk

...Sustainability - Corporate Social Responsibility Part 1: Select an organization (have knowledge with) and look at the organization in terms of a mid-level business manager's seat of duty/responsibility within the organization. Identify what you could do today to help support the organization become more modern in its approach to become more socially and environmentally responsible. Black Milk is an Australia-based company that operates in apparel retail industry. The company manufactures clothes in Australia and sells it online to consumers from all over the world. The Black Milk company is actively...
2 Pages(500 words)Assignment
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 Research Paper on topic Business Strategy - Collaborating to achieve Corporate Social Responsibility and Sustainability for FREE!

Contact Us