Name: Hannaah
Faculty: Dr. Sven Dahms
Course: Business Ethics

Introduction

Corporate social responsibility is about how companies manage the business processes to produce an overall positive impact on society. Nowadays, companies have a lot of power in the community and in the national economy. They control a lot of assets, and may have billions in cash at their disposal for socially conscious investments and programs. In other words, the company efforts that go beyond what may be required by regulators or environmental protection groups. In his article “the 7 Principles of Business Integrity,” business strategist Robert Moment argues that the 21st century companies must prove themselves to customers to build a long-term, trusting relationships. They must also get involved in the community to give back.
There are actually two different types of corporate social responsibility to consider. The first one consists of corporations providing funding and resources for worthwhile social causes, such as donating money or employee time to charities. For many people, this is the definition used when thinking about corporate responsibility. However, another type of CSR involves putting together a real plan to produce products or provide services that are in the best interests of society. These include things like using safe materials in design and manufacture, corporate environmental initiatives, and other factors such as job creation and economic development.
In order to a clearer understand about corporate social responsibility and how it impacts a business, we will analyze Macdonald’s corporation and what initiatives they made for the community.

Overview about MacDonald’s:
McDonald’s Corporation franchises and operates McDonald's restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The company’s