Question
In: Operations Management
Select Organizations that promote Corporate social responsibility (CSR) and answer these: •What are the CSR initiatives...
Select Organizations that promote Corporate social
responsibility (CSR) and answer these:
•What are the CSR initiatives the organizations are taking?
•What CSR strategies are they using?
•The four dimensions of CSR, how do the CSR strategies connect with
them?
•What are the benefits?
•What are the likely disadvantages or risks to these CSR
initiatives
•Are the organizations considering other CSR initiatives?
Solutions
Expert Solution
Corporate social responsibility is an essential activity and must be followed by every company or business. It is not essential to follow social responsibility, but companies usually follow social responsibility for the public and its customers so that its customers are happy and always choose them. It can also act as a business strategy.
Social responsibilities initiatives that the companies undertake include using low pollution techniques of production, high efficient, and cost-efficient techniques, also taking care of water bodies and not throwing water in them.
These are various strategies that the company uses. It includes being consistent with the public and also donating money to various NGO and also funding of various students, their education.
There are four CSR strategies and functions. These include philanthropy, environment conservation, diversity and labor practices, and volunteerism.
These are various help as some help in fulfilling social responsibilities. It helps in uprising the confidence of the employees.
There are many disadvantages, as there may be deficits in the company, and costs can lead to more deficits.
There are many such advantages and initiatives the company follows.
A Thumbs Up! Would be really helpful for me. If you have any questions, please leave a comment and I will get back to you as soon as possible.
keosha answered 2 years agoRelated Solutions
What is corporate social responsibility (CSR)? Is the principle of CSR one that is likely to...
Discuss the three general principles that justifies why organizations engage in Corporate Social Responsibility (CSR)
Read the passage carefully and answer the questions: Corporate Social Responsibility (CSR) in Saudi Arabia Corporate...
what is social contract and stakeholder theories of Corporate Social Responsibility (CSR) andexpalin use the social...
On the subject of Corporate Social Responsibility (CSR) (issue is that CSR is better than Firedman's...
QUESTION 3 In contemporary times, almost all organizations are engaged in Corporate Social Responsibility (CSR). Discuss...
Express your view with theoretical explanation : Why organizations must consider CSR (Corporate Social Responsibility) as...
In the _____ model of corporate social responsibility (CSR), social goals are brought into the core...
1. Explain the importance of Corporate Social Responsibility (CSR). 2. What is a values statement and...
Describe the current status of corporate social responsibility (CSR) as an expectation for businesses.
- Non-constant growth model: Do=$2.00 required return on equity= 5% g= 9% n=1,2 g=7% n=3,4 g=3% n=5...
- . Find all x ∈ Z143 such that x2Ξ 7 (mod 143). Please explain all steps...
- #Python: A palindrome is a sequence of characters that reads the same backwards as forwards. For...
- Explain an example in which a variable has two different addresses at different places in a...
- Hadley, a thirty-five-year-old physician, has worked at Princeton Plainsboro Hospital for six years. She recently received...
- QUESTION 1. For each of the following, state whether the occurrence of the variable x occurs...
- According to Mike Taft of RVK, the “Markets Group” is an important unit of the Federal...