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Corporate Responsibility - Essay Example

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This essay presents corporate responsibility which has always been considered as a top priority by the management of Sainsbury. Such responsibility is mirrored upon their overall commercial business performances. They believe that it is an integral part of their successful business…
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Corporate Responsibility
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Corporate Responsibility

Download file to see previous pages... This discussion it is clear that a range of ethical theories will be used to provide a framework for articulating and investigating the forces influencing the resolution of ethical dilemmas faced within the audit environment. The theories allow for a greater ability to define antecedents and consequences of ethical acts by Sainsbury. Being assigned as an ethical consultant with Sainsbury, the findings of the ethical audit is to be reported based on the actual current business practices of J. Sainsbury plc.As the paper discusses the Sainsbury supermarket case is an interesting one for a discussion of CSR because the company shows socially responsible values (or CSR awareness) across a range of customer, colleagues and supplier oriented activities. Such activities include local regeneration and sourcing projects, a long-running initiative to interviewing customers about Sainsbury products, and establishing ethical trading practices with different suppliers. In part, this people-oriented CSR activity can be seen as a counter to past criticism of the supermarket sector in the UK that it was forcing suppliers (particularly farmers) to accept very low prices for produce, and then making unreasonably high profits from the sale of that produce in the supermarkets. While subsequent reports have not supported these continuing allegations, Sainsbury have taken a variety of steps to regain greater public support. ...Download file to see next pagesRead More
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