Express your view with theoretical explanation : Why organizations must consider CSR (Corporate Social Responsibility) as...

Express your view with theoretical explanation : Why organizations must consider CSR (Corporate Social Responsibility) as a strategic alternative? Apply the triple bottom line concept to an organization of your choice and analyze the strategic intent of the selected organization by using the CSR six stage process.

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Corporate social responsibility has become new norm in many organization these days especially with many big organizations are considering CSR as static alternative. CSR if implemented properly has many advantages that can be leverage to the organization advantage.

CSR improves companies reputation, brand image, operational cost saving and as a research conducted by ibm employees are interested in working with companies which are involved in csr activities and they can retain right talent over long period of time.
When CSR is allined with companies objectives it is seen than it gives competitive differentiation, permission to enter new markets and it can position it self in better place in costumer mind.
Profit: Consider an example of Walmart when company decided to provide sustainability training to its employees than after the training employee recommended that to remove bulbs from vending machine which are kept on 24/7.Considering this suggestion Walmart has saved $1million per year and it benefited the planet by consuming less energy and saving it.By saving more energy it is saving planet in a sustainable way.
People: When Walmart spends on csr activities for educating poor children it is not only doing a good thing in the society but it also benefits the company in terms of increasing sales.When these children are educated and start earning one day they will come back to Walmart to buy there daily groceries and intern Walmart is creating more wealth in the society.It is also creating a good brand image and reputation where employees and customers feel that they are contributing something good in the society by working for the company in this way it increases the satisfaction level in the employees.

keosha answered 1 year ago

Q2. Express your view with theoretical explanation for the following: a) Why organizations must consider CSR...

Q2. Express your view with theoretical explanation for the following: a) Why organizations must consider CSR (Corporate Social Responsibility) as a strategic alternative? Apply the triple bottom line concept to an organization of your choice and analyze the strategic intent of the selected organization by using the CSR sux stage process. b) How Employee Engagement can directly influence the organizational performance? What value does Employee Engagement brings for the Employees as well as the Employer? c) Explain with examples how...

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?

Discuss the three general principles that justifies why organizations engage in Corporate Social Responsibility (CSR)

What is corporate social responsibility (CSR)? Is the principle of CSR one that is likely to...

What is corporate social responsibility (CSR)? Is the principle of CSR one that is likely to be widely adopted by companies around the world. Is it likely to significantly change corporate behaviour? Will behavioural change benefit the public? In your answer refer to examples of companies debating CSR or implementing practices of CSR.

Corporate Social Responsibility (CSR): Why would an MNC (or any corporation for that matter) undertake corporate...

Corporate Social Responsibility (CSR): Why would an MNC (or any corporation for that matter) undertake corporate social responsibility measures? Discuss at least three reasons. What are the sources of CSR standards and codes that most MNCs follow as their benchmarks? Why do some countries (like India and Malaysia) top the list of countries in terms of the number of companies reporting CSR activities?

On the subject of Corporate Social Responsibility (CSR) (issue is that CSR is better than Firedman's...

On the subject of Corporate Social Responsibility (CSR) (issue is that CSR is better than Firedman's view of CSR and Conscious capitalism) Does CSR issues impact stakeholders in different ways? What might the views of various stakeholders be on the topic? Place the CSR issue within its historical (when) context. What is the history of the position? Has it changed?

QUESTION 3 In contemporary times, almost all organizations are engaged in Corporate Social Responsibility (CSR). Discuss...

QUESTION 3 In contemporary times, almost all organizations are engaged in Corporate Social Responsibility (CSR). Discuss five (5) factors that propel them to engage in CSR.

In the _____ model of corporate social responsibility (CSR), social goals are brought into the core...

In the _____ model of corporate social responsibility (CSR), social goals are brought into the core of a firm's business model, and economic goals are balanced against social goals. ethics

Corporate social responsibility (CSR), as practiced by business, means many different things. Consider the following: “At...

Corporate social responsibility (CSR), as practiced by business, means many different things. Consider the following: “At one end of the broad span of CSR lie corporate policies that any well-run company ought to have in place anyway, policies that are called for on any sensible view of business ethics or good management practice. These include not lying to your employees, for instance, not paying bribes, and looking farther ahead than the next few weeks. At the other end of the...

Corporate social responsibility (CSR), as practiced by business, means many different things. Consider the following: “At...

Corporate social responsibility (CSR), as practiced by business, means many different things. Consider the following: “At one end of the broad span of CSR lie corporate policies that any well-run company ought to have in place anyway, policies that are called for on any sensible view of business ethics or good management practice. These include not lying to your employees, for instance, not paying bribes, and looking farther ahead than the next few weeks. At the other end of the...

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Express your view with theoretical explanation : Why organizations must consider CSR (Corporate Social Responsibility) as...

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Q2. Express your view with theoretical explanation for the following: a) Why organizations must consider CSR...

Select Organizations that promote Corporate social responsibility (CSR) and answer these: •What are the CSR initiatives...

Discuss the three general principles that justifies why organizations engage in Corporate Social Responsibility (CSR)

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