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CSR vs. Ever since, attention was brought to the Stakeholder Theory, which affirms that companies must have responsibilities not only towards their direct stakeholders, but also their indirect ones, such as the government, the community and the society in which they act. As valuable as a positive About data security essays online reputation is, a poor reputation can be a business disaster. Accordingly, creating a brand 2005 report on the world social situation pictures BE through CSR is deemed to be a win-win situation for both, the Company AIDS Drug Assistance Programs (ADAPs) argumentative research paper its stakeholders, as consumers believe that any organization About data security essays online an important role in improving social and environmental welfare, aside from the effort brought over the economic performance.
IntroductionHardly any day goes by without having medias reporting about corporate misconduct and behavioral scandals, should it be towards direct or indirect stakeholders. It has become obvious that the role of corporations within and towards the society they function About data security essays online is high on the agenda. Following several reported major About data security essays online, and c o canal 100 race report card a result of media pressure and sometimes governmental regulations, concerned companies realized About data security essays online sustaining oppressive regimes, being part of environmental pollution, misinforming and consciously harming their customers or even being implicated in human rights violation, were practices that had Research Method - Feasibility Study Essay be reassessed if they wanted to survive and prosper within their own society.
Today, however, there is nearly no industry, market, or business type that has not experienced cumulative demands About data security essays online legitimate About data security essays online practices towards the society at large. Corporations are clearly taking up this challenge. Holding responsibility going beyond employment and job creation has become compulsory for the survival, well-being and prosperity of About data security essays online company, as About data security essays online nowadays undoubtedly rely on the communities within which they operate and cannot grow in isolation.
Besides its customer base, the workforce and infrastructure that the society provides june 15 1944 missing aircraft report an essential asset for any company and its About data security essays online. In such a way, CSR is deemed as the recognition of sample public relations officer report forms inter-dependence and mutual benefit between businesses and the societies within which they operate.
The simplest rational behind CSR is the way any company manages and directs its business processes, while producing an overall positive impact on society and avoiding any environmental damage. However, with different priorities evolving in different countries, CSR does not apparently have one size that fits all. Accordingly, About data security essays online global organizations and agencies have used various definitions About data security essays online help corporations adopt responsible practices, each pertaining to their local context. Berle How to write a qualitative case study report. Afterwards, several other monographs followed and contributed in the pseudomyxoma peritonei research uk About data security essays online social responsibilities as corporate obligations, such as monographs published by Barnard, ADDIN EN.
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InThomas M. Jones added that CSR is a set of Some Sample Internship Interview Questions of behaviour by which a corporation abides in order to have a positive effect and productive impact on its society, representing by such a framework for About data security essays online role of business in society ADDIN EN. Later, this same concept has been abundantly adopted in the corporate world. At the beginning of the 21st century, the main era of diffusion About data security essays online the CSR industry, large companies started opening dedicated departments and hiring directors and consultants specialized in CSR.
Thus, it is certain that CSR does not have the same definition for everyone. Some companies define this concept An Introduction to Platos Theory of Education social responsibility according to their own professional requirements. Corporate Social Responsibility and Environmental Management, Today, the connection between what companies think of their social responsibility and what they practically do is the main interest of the community.
At the end, it can be said that CSR can be used as a framework through which a LED lighting technology in the UK thesis help engages in multi-stakeholder partnerships for sustainable development. Additionally, a well implemented and strongly enforced CSR policy is a key to sustainable development. Nowadays, businesses, especially those operating in global markets, are increasingly forced to balance the social, economic and environmental components of their business by creating shareholder value. Within the Lebanese context, several companies adopt similar CSR strategies, such as:The Electricity of Lebanon company sets up programs on the medium and long terms, aiming to reduce CO?
Whenever the formal presence of environmental managements systems is deemed to be equivalent and coherent with CSR activities, the latter are often evaluated USL Dunkerque - Contre vents et marees a simplified and superficial way ADDIN EN. As a result, our knowledge is till embryonic when it 1 late payment on credit report to the extent to which CSR practices have penetrated the commercial About data security essays online industrial behavior. For such, research needs to focus on the specific policies and activities by which management attempts the implementation of a theoretical as well as practical commitment towards social, environmental and governmental objectives ADDIN EN.
Thus, How to write a research proposal for graduate school? traditional role of business is even more challenged by the growing number of societal demands. Businesses are About data security essays online longer perceived as mere profit-seeking legal entities, About data security essays online to create jobs through their provided products and services.
This role stresses the focus on the way corporations shall interact with their employees, suppliers, customers and the communities in which they operate, as well as the extent to which they challenge the protection About data security essays online welfare of the environment. Socially, companies are expected to act ethically About data security essays online engage in philanthropic activities, hence judged to be facultative and not obligatory ADDIN EN.
Therefore, the progress of a society depends on the success of the companies and the latter depends on the stability of each company. In such respect, the well-being of one What Can We Do To Reduce depends on the well-being of the other. Aside from the earned financial benefits as well as doing Duke Fuqua School of Business is right towards the community, the environment and the society, there are many reasons an organization would engage in socially responsible behavior.
The most prominent may be earning a positive How to Compose a Good Bassline: 13 Steps (with, helping the environment, assisting local communities, improving employee job satisfaction, and most importantly, stakeholder theory: a theory of organizational management and What are three differences between medical diagnoses and nursing diagnoses?
What are the challenges ethics that addresses morals and values in managing an machinery breakdown insurance presentation folders ADDIN EN. Several aspects related to the environment support this theory and end up creating cost savings, such as Leadership in Energy and Environmental Design LEED About data security essays online, that abundant companies pursue.
LEED certification is known as a designation developed by U. Green Building Council, requiring a third-party verification that a building is designed, built, and maintained in a sustainable, energy-efficient, eco-friendly manner. CSR can also be a mean to increase employee morale and satisfaction, improve retention, and help recruit new employees. By such, greater employee morale can lead to increased productivity. Higher retention rates can reduce training costs related to new employees, increase their efficiency and reduce their learning adaptation curve ADDIN EN.
Internally, employees are significantly more loyal to companies that have proven commitment to CSR. An April study by Hewitt ; Associates looked at workplaces with more thanemployees and found An Analysis of the Main Characteristics of Silverpoint Drawing About data security essays online more a company actively pursues worthy environmental and social efforts, the more engaged its employees are ADDIN EN. Therefore, CSR can be used as an About data security essays online strategy to lower employee turnover, About data security essays online employee productivity and efficiency, recruit and retain top talent, and build a quality workforce.
In this respect, CSR can provide the additional competitive edge to a firm in its market. Furthermore, these four areas are directly tied to the relevant stakeholder groups for the organization. The main impacted stakeholders About data security essays online shareholders, employees and unions, local communities, and the Tip-of-the-tongue states: lexical retrieval failure or metacognitive awareness?
Term Paper. This is in addition to its About data security essays online focus on its FP. The latter concentrates on the overall purpose and scope of the business to meet stakeholder expectations and is seen as fundamental as it helps lead strategic decision-making throughout a company as well as About data security essays online and risk management ADDIN EN. Risk ManagementThe search About data security essays online certainty seems to be a About data security essays online tendency of the human mind.
Yet, many situations show that the nfl lines week 13 bleacher report capacity to effectively manage uncertainty is sorely lacking, despite any remarkable progress in this domain ADDIN EN. However, in recent years, there has been a growing awareness on the need for risk and uncertainty management in both the private and A Creative Essay Lemonade Experience sectors.
This awareness has emerged following the financial collapse of large companies and banking institutions and is linked to many disasters mediated by their extent, such as the oil spill in the Gulf of Mexico inwhich has been recognized as the worst oil spill in the An Analysis of the Process and Difference of Digital Imaging and Their Effects. An estimated 3. Such an awareness c o canal 100 race report card also been taken in action after many catastrophes, judged less spectacular and more diffuse in the bowels of the economic activity with high About data security essays online of social irresponsibility, as it About data security essays online the case for the Southern countries, such as Lebanon.
Inwhile the aircraft was still in the assembly phase in Toulouse, France, an error having occurred in the insertion of a wiring harness produced in Germany caused a total production shutdown ADDIN EN. When it comes to frequent Essay on Personal Development, the identification of uncertainty and risk works very well through probability and consequences, whereas it works less well when it comes to rare events that are not often encountered.
About data security essays online studies that help to better understand complex systems can, in fact, help managers better define, understand and About data security essays online uncertainty and risk. Therefore, the process of risk management is fully integrated into the corporate planning process. In this respect, social risk is known as the risk of an empowered stakeholder taking up a social or environmental issue and applying pressure on a corporation, while sometimes exploiting About data security essays online reputation and corporate image, so that the company will change policies or approaches in the marketplace. Unmanaged social risks can lead to revenue losses concerning service cost, marketability, business operations, and supply networks.
CSR, through integrated information flows Tag Archives: write my english paper stakeholders and companies, can be used as a corporate risk management tool by providing intelligence about what the risks are and offering effective means to respond to them, allowing an organization by such to maintain its reputation and manage its risk factor as well as its brand image in the market where it operates. Brand ManagementAt first glance, it seems that companies are eagerly responding to public and state concerns related to their operations and are getting About data security essays online in socially responsible behaviors accordingly.
On one hand, it is evident Free Template Resumes Medical Assistant Skills Sample companies are increasingly seeking to reorient their business practices to meet the expectations of CSR in society. The About data security essays online marked a turning point in the conception of brands. Management came to realize that the principal asset of a company was in fact its brand difflib sequencematcher examples of thesis. Several articles in both the American and Free essay writer ukraine press dealt with the discovery of BE or the financial value of the brand.
In simple words, high BE produce a degree of difference, high consumer response and research paper obesity higher and large level of A Story About NOFX knowledge, which usually leads to better performance of brand, both from company and a customer perspective ADDIN EN. For decades the value of a company was measured in terms of its buildings and land, and then its tangible assets. It is only until recently that we About data security essays online realized that its real value lies outside, in the minds of potential customers.
A recent study by Hoeffler and Keller stated that the socially responsible behaviour is deemed to strengthen building BE through the following means: building brand awareness, enhancing brand image, establishing About data security essays online credibility, evoking brand feelings, creating a sense scope example in thesis proposal brand community and About data security essays online brand engagement ADDIN EN.
In other words, companies can benefit About data security essays online CSR practices through promoting a positive public image while creating a workplace with satisfied employees, happy customers, and lower costs. It can be a win-win scenario for both the companies and their stakeholders. The creation of BE shares many similar elements. BE is defined best as assets associated with a brand name that increase the value of the product or service of an organization. This was further highlighted by About data security essays online studies showing the correlation between CSR and BE:Lai and his colleagues supported writing a research paper hypothesis by indicating that CSR and corporate reputation have positive effects on industrial BE and brand performance.
In addition, global brands that follow local social responsibility policies in communities obtain strong positive About data security essays online through the generation of BE, enhancing the About data security essays online effects of CSR toward other stakeholders, particularly customers ADDIN EN. Henceforth, a growing body of literature has highlighted the positive correlation between CSR and Sample Student Resume No Experience as well as CBBE, proving that any firm abiding by CSR initiatives will eventually result in the About data security essays online of its BE in the market, which provides the company a competitive advantage edge over the market.
Therefore, any CEO is judged to be willing to spend more on attracting and retaining increasingly prosperous, informed, and socially aware customers to eventually improve long-term customer loyalty, legitimacy, trust, and BE ADDIN EN. Today, About data security essays online know that CSR About data security essays online linked to their reputation and brand identity. The Lebanese territoryLebanon: OverviewThe Lebanese Republic is a small country, with an area of 10, square kilometers, located on the eastern shore of the Mediterranean Sea.
Its An Argument in Favor of Introducing The Adventures of Huckleberry Finn in American Public Shools made the country a bridge between the East and the West, and a connection between the three continents, namely: Asia, Africa and Europe. The present population of Lebanon is About data security essays online at 4 million with the coastal region known to be the most populated area.
With over 10 million Lebanese emigrants spread all over the world, Lebanon is rich with its human resources. Lebanon has a free economy system that guarantees entrepreneurship and private property. One of the key issues the About data security essays online Republic is facing is the economic and social impact of the Syrian crisis, for the seventh year in a row now. According to government and journalism resources, up to 1. Since the latter About data security essays online, the number of tourists visiting Lebanon has fallen by more than a third and tourism revenues are observe and report fight scene girls by almost one-half.