believe that the acceptance of financial losses and maintaining a strong, ethical business core helped rebuild and make the J & J stronger. This proves how an organization and a CEO with corporate social responsibility cores can handle a catastrophe by doing the right thing worldwide. At the end, this social responsibility core idea benefited the customers, employees and shareholders in return. In conclusion, I also think corporations should act in the public interest whenever it is right for
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Name Unit I Assessment Instructions Mark the correct answer for each question in Blackboard. Please remember that textbooks and other reference materials can be used to complete this exam. Your answer to each essay question should contain a minimum 200-word response. You may use additional Internet references and professional journals to defend your response, and reference these sources within your answer. Refer to the APA style manual for citation guidelines. Multiple Attempts Not allowed
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equal relationship with its community. It is important for an organization to maintain an active involvement to generate community support and devotion. In the community standards; this is known as “social license to operate” (Onley, 2010, pg. 1). This license identifies the criteria of fostering social partnership, solving problems, and giving back to the community, depending on the local circumstances and strategy, it is imperative that organizations foster ideas of involvement from the employees
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organization looks into various companies that go extra mile to display the utmost ethical behavior possible (Ethisphere, 2012). Time Warner, Inc. displays admirable ethics policies and outstanding corporate social responsibility endeavors. In addition, Time Warner, Inc. has displayed an abundant amount of corporate responsibility. Time Warner may be recognized on many different levels as one of the ethical and socially responsible companies, yet that does not go without the occasional scandal. Due to the
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WHAT IS CORPORATE SOCIAL RESPONSIBILITY OR CSR? For long it was argued that the role of businesses was purely economical and that economics was the parameter on the basis of which their success or failure was to be determined. Corporations, since eons, have been regarded as the providers of jobs, products and services and it was believed that they are only financially responsible and profit making is their only motive. But recent times have seen a departure from that tradition and now CSR is being
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THE PEPSI REFRESH PROJECT 2 Abstract This study aims to describe the successes and failures of the Pepsi Refresh Project and corresponding implications for other corporate social responsibility (CSR) projects seeking to employ information and communications technology (ICT) competitions, crowdsourcing and social media narratives as a means for production of ideas or tasks. The Knight Foundation’s (2009) seven key components of ICT competitions will be used as a framework to review the
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NMIMS Corporate Social Responsibility Project – Hindustan Lever Limited (HLL) Under guidance of: Dr. Meena Galliara CSR-HLL -1- Hindustan Lever Limited Meeting Everyday Needs of People Everywhere Introduction* NMIMS Hindustan Lever Limited (HLL) is India's largest fast moving consumer goods company, with leadership in Home & Personal Care Products and Foods & Beverages. HLL's brands, spread across 20 distinct consumer categories, touch the lives of two out of three Indians.
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the company's aim that to maximise shareholders' wealth. The community contribution BHP Billiton made can be considered as a part of the company's social responsibility and the sustainability for the society community.Corporate social responsibility is a form of corporate self-regulation integrated into a business model.The goal of corporate social responsibility is to embrace responsibility for the company's actions and encourage a positive impact through its activities on the environment, consumers
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is ISO 26000 Social Responsibility to Small and Medium-sized Enterprises (SMEs)? (PDF - 445 kb) Corporate Social Responsibility (CSR) is an issue that is working its way into many policy debates and corporate agendas. CSR is an evolution in the approach towards sustainable development: while the 1992 Rio Earth Summit focused on environmental management, the 2002 World Summit on Sustainable Development (WSSD) focused on a broader set of issues, including poverty reduction and social development.
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Introduction of the company: Siemens has been active in Pakistan since the country’s birth in 1947, and holds leading positions in its Industry, Energy and Healthcare Sectors. Siemens IT Solutions and Services operates across all three Sectors. Siemens is the country’s Number One supplier of high-voltage grid stations, switchgear products and systems, power distribution and power transformers, and network consultancy. The company has also built a new 220-kV power transformer factory, and is poised
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