Corporate Social Responsibility An Organization - 787 Words

According to Min-Young and Fairhurst (2009), corporate social responsibility is becoming a typical issue as several organizations attempt to incorporate social and environmental issues into the day- to- day operations of their businesses. However, an organization being socially responsible is not considered fad or a discretionary addition. Instead, one might argue that an organization’s interest in being socially responsible is what is described as a â€Å"reflective of a deeper change in the relationship† (Min-Young Fairhurst, 2009, p. 140) between an organization and its stakeholders. Furthermore, Min-Young and Fairhurst (2009) stated that a critical perspective of corporate social responsibility appears to be the responsibility to work for the betterment of society. Thus, a socially responsible organization might be seen as an organization simply being a â€Å"good corporate citizen† (Min-Young Fairhurst, 2009, p. 141). Theorists such as Wood believed that the fundamental idea of corporate social responsibility is that an organization and society are interconnected rather than â€Å"distinct entities† (Min-Young Fairhurst, 2009, p. 142). As a result, society might have an expectation for desirable actions and outcomes from today’s organizations. It is telling that corporate social responsibility has now become more about how an organization is able to lead its business process so that a general â€Å"impact on society is felt† (Min-young Fairhurst, 2009, p. 142 ). This usuallyShow MoreRelatedCorporate Social Responsibility Of The International Organization1562 Words   |  7 PagesCorporate Social Responsibility as taken precedence in the way in which business operates, and now the focus is to hold businesses ‘ accountable’, which is defined by (Keohane, 2006), as a implementation or rules and exercising of power, within a particular domain, cited in How FIFA can be held accountable? Example, of such is the issues surrounding the governance is within FIFA, and holding them accountable for the governance of football and the issues surrounding the international organizationRead MoreAn Organization s Corporate Social Responsibility957 Words   |  4 Pages An organization’s Corporate Social Respon sibility (CSR) drives them to look out for the different interests of society. Most business corporations undertake responsibility for the impact of their organizational pursuits and various activities on their customers, employees, shareholders, communities and the environment. With the high volume of general competition between different companies and organizations in varied fields, CSR has become a morally imperative commitment, more than one enforcedRead MoreCorporate Social Responsibility (CSR) In an Organization1841 Words   |  8 Pages As the industrialization and globalization have become more intense for decades, the concept of corporate social responsibility (CSR) becomes more advocated and is employed by corporation globally (Smith, 2011). However, despite an urge for performing â€Å"good† social roles, there still be numerous of organizations showing their unwillingness to fulfill their expected responsibility due to the controversy of how the concept should be defined amongst academia, businesses, and society, in addition toRead MoreCorporate Social Responsibility ( Csr ) And Store Brand The Organization Essay1681 Words   |  7 PagesFor The Warehouse Group (TWG), it has long been understood that having a strong reputation relates to the corporate social responsibility (CSR) and store brand the organisation assumes. The purpose of this report is an investigation into CSR efforts, affording an indirect measurement of reputation. It describes a series of CSR activities, and finds that in each case, TWG s reputation is reinforced and is stronger than competing organisations who lack or do not efficiently execute such techniquesRead MoreThe Social Performance Of Apple Incorporation And The Impact Of Corporate Social Responsibility On The Multinational Business Organization987 Words   |  4 Pagesbusiness organizations have adopted various strategies that have enhanced the social performance in the society. Corporate social responsibility plays a fundamental role in improving the relationship between a business and the local community (Taylor, 2010). Social performance of a business can ensure that it builds the good reputation among the customers thus improving the sales of the firm. This paper examines the social performance of Apple incorporation and the impact of corporate social responsibilityRead MoreCorporate Social Responsibility As Corporate Citizenship1417 Words   |  6 Pagesmany organizations learn today is that forward-looking innovation and competitive advantage can be obtained from intertwining social, as well as, environmental considerations into business from the very beginning. Through this process, businesses can come up with the next generation of ideas, employees and markets. Therefore, corporate social responsibility is a commitment to improve public welfare through flexible business practices, along with contributions of corporate resources. Corporate socialRead MoreArguments for and Against Corporate Social Responsibility1004 Words   |  5 PagesWhat is corporate social responsibility? Give arguments for and against social responsibility? Ans. Social Responsibility Social responsibility can be defined as: â€Å"A business’s obligation to follow goals that are good for both organization and society in the long-term, and are not required by law.† Corporate Social Responsibility The term corporate social responsibility came in to common use in the early 1970s. It means the duty of an organization towards society in order to prove itselfRead MoreCorporate Social Responsibility ( Csr ) Essay1369 Words   |  6 Pageshave a responsibility to give back to the customers they serve and the communities they operate in. Today, many organizations have realized the importance of corporate social responsibility (CSR) in response to consumers and stakeholders becoming more mindful of social issues. Corporate social responsibility has continued to change and grow. It can be difficult to define CSR because it takes on a variety of social, economic, political and environmental formats depending on the business. Corporate socialRead MoreSocial Responsibility And Business Ethics Essay1470 Words   |  6 Pagesrole of social responsibility in business organizations and society. This paper will compare similarities and differences between Cohen’s perspective on soci al responsibility to the social responsibility and business ethics theories of Drucker and Milton Friedman. Furthermore, this paper will provide a frame of reference on corporate social responsibility and business ethics presented in other research. Social Responsibility Defined Cohen, 2009 wrote in his article that Drucker defined social responsibilityRead MoreCorporate Social Responsibility ( Csr )1167 Words   |  5 PagesCorporate Social Responsibility Introduction Corporate social responsibility (CSR) is a concept which is also known as corporate citizenship, corporate conscience or in a simple way a responsible business. It is an integrated concept of self-regulatory business model for any organisation. Corporate Social Responsibility has been in practice for more than fifty years now, which has been adopted not only by domestic companies but also by transnational company with voluntary CSR initiatives