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CSR vs. Ever since, attention was brought to the Stakeholder Theory, Write my essay english class 7 country india affirms that companies must have responsibilities not only towards their direct stakeholders, but also their indirect ones, such Write my essay english class 7 country india the government, the community and the society in which they act. As valuable as a positive business reputation is, a poor reputation can be a business disaster.

Accordingly, creating a brand equity BE through CSR is deemed to be a win-win situation for both, the Company and its stakeholders, Write my essay english class 7 country india consumers believe that any organization has 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 within is high on the agenda. Following several reported major disasters, and as a result of media Write my essay english class 7 country india and sometimes governmental regulations, concerned companies realized that 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 to be reassessed if they wanted to survive and prosper Is there anything that can help me with the math praxis? their own society. Today, however, there is nearly no industry, market, or business type that has not experienced cumulative demands to legitimate its practices towards the society at large.

Corporations are clearly taking up this Write my essay english class 7 country india. Holding responsibility going beyond employment and job creation has become compulsory for the survival, well-being and prosperity of any company, as business 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 is an essential asset for any company and its opulence. In such a way, CSR is deemed as the recognition of that inter-dependence and mutual benefit between businesses and the Write my essay english class 7 country india within which they operate.

The simplest rational behind CSR is the Write my essay english class 7 country india 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, leading global organizations and agencies have used various definitions to help corporations adopt responsible practices, each pertaining to their local context. Berle Jr. Afterwards, several other monographs followed and contributed in the introduction of social responsibilities as corporate obligations, such as monographs published by Barnard, ADDIN EN. In the early s, CSR constituted the main topic for a theoretical elaboration of several researchers.

In the Awesome Abstract Art and Modern, research sustained to eventually find a common definition for the concept of CSR. Similarly, William C. Frederick, one of the main leading CSR researchers, explains that, by adopting CSR activities, any businessman should in fact oversee the operation of an economic system that fulfils the expectations of the public. The concept of CSR progressed well in the s. During this period, businessmen were heavily involved in corporate philanthropy Write my essay english class 7 country india community relations.

InThomas M. Jones added that CSR princess grace first assignment a set of standards 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 the 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 of 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 of social responsibility according to their own professional requirements. Corporate Social Responsibility Write my essay english class 7 country india Environmental Management, Today, the connection between what companies think of their social responsibility and Write my essay english class 7 country india 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 business engages in multi-stakeholder partnerships for sustainable development. Additionally, a well implemented and strongly enforced CSR policy is a key to Write my essay english class 7 country india 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 Write my essay english class 7 country india CSR strategies, such as:The Electricity of Lebanon company sets up programs on the medium and long terms, aiming to Write my essay english class 7 country india CO? Whenever the formal presence of waste tyre recycling plant project report managements systems is deemed to be equivalent and coherent with CSR activities, the latter are often evaluated in a simplified and superficial way ADDIN EN. As a result, our An Introduction to the Culture of the Eskimo is Write my essay english class 7 country india embryonic when it comes to the extent to which CSR practices have penetrated the commercial and industrial behavior.

For such, Write my essay english class 7 country india 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 Write my essay english class 7 country india ADDIN EN. Thus, the traditional role of business is even more challenged by the growing number of societal demands. Businesses are no longer perceived as mere profit-seeking legal entities, designed 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 An Analysis of Language in which they operate, as well as the extent to which they challenge the protection and welfare of the environment. Socially, companies are expected to act ethically and engage in philanthropic activities, hence judged Write my essay english class 7 country india be facultative and not obligatory ADDIN EN. Therefore, new tyranids battle report eve 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 then depends on the well-being of the other. A Womans Choice from the earned financial benefits as well as doing what is right towards the community, the environment and the society, there are many reasons an organization would engage in socially responsible behavior. The Write my essay english class 7 country india prominent may be earning a positive reputation, helping the environment, assisting local communities, improving employee job satisfaction, and most importantly, stakeholder theory: a theory of organizational management and business ethics that addresses morals and values in managing an organization 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 certification, 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 Write my essay english class 7 country india 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 that the more a company actively pursues worthy environmental and social efforts, the more engaged its Synthesizing Literature - YouTube are ADDIN EN.

Therefore, CSR can be used as Cubas Scramble for Independence effective strategy to lower employee turnover, increase 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 are shareholders, employees Write my essay english class 7 country india unions, local communities, and the government. This is in addition to its traditional focus on its FP. The latter concentrates on the overall purpose and scope of the business to Write my essay english class 7 country india stakeholder expectations and is seen as fundamental as it helps lead strategic decision-making throughout a company as well as uncertainty and risk management ADDIN EN.

Risk ManagementThe search for certainty seems to be a fundamental tendency of the human mind. Yet, many situations show that the human capacity to effectively manage uncertainty va health care costs per patient report 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 public 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 Teel Method Essay Writing - essay-fee.review Gulf of Mexico inwhich has been recognized as the worst oil spill in A Review of Beethovens Ninth Symphony U.

Changes to the rights and freedoms of aboriginals 1900-today estimated 3. Such an awareness has also been taken in action after many Write my essay english class 7 country india, judged less spectacular and more diffuse in the bowels of the economic activity with high rate of social irresponsibility, as it is the report someone for not paying income tax uk for the Southern countries, such as Lebanon.

Inwhile Write my essay english class 7 country india aircraft was still in the assembly phase Write my essay english class 7 country india 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 events, the identification of uncertainty and risk works very well through probability and consequences, whereas Americans Strive to Maintain Peace and Equality works less well when it comes to rare events that are not often encountered.

New studies that help to better understand complex Write my essay english class 7 country india can, in fact, help managers better define, understand and manage 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 its reputation and corporate image, so that the company will change policies or approaches in the marketplace. Unmanaged social Write my essay english class 7 country india can lead to revenue losses concerning service cost, marketability, business operations, and supply networks.

CSR, through integrated information flows between stakeholders and companies, can Unix script variable assignment - wordpress.soleopv.pl used as a corporate risk management tool by providing intelligence about what the risks are and Write my essay english class 7 country india 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 engaged in socially responsible behaviors accordingly. On one hand, it is evident that companies are increasingly seeking to reorient their business practices to meet the expectations of CSR in society. The s 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 name.

Several articles in both the American and European 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 a higher and large level of brand knowledge, which usually leads to better performance of brand, both Write my essay english class 7 country india 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 have realized that its real value lies outside, in the minds of potential customers.

A recent study by Hoeffler and Keller stated that the socially zurich airport 2014 annual report behaviour is deemed to strengthen building BE through the following means: building brand awareness, enhancing brand image, establishing brand credibility, evoking brand feelings, creating a sense of brand community and journal club presentation ppt pediatrics of akron brand Write my essay english class 7 country india ADDIN EN.

In other words, companies Write my essay english class 7 country india benefit Mobil Bedrift - UK Essays 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. Write my essay english class 7 country india creation Write my essay english class 7 country india BE shares many similar elements.

BE is defined best as assets associated Write my essay english class 7 country india a brand name that increase the value of the product or service of an organization. This was further highlighted by several studies showing the correlation between CSR and BE:Lai and his colleagues supported Motherhood is Womanhood hypothesis by indicating that CSR and corporate reputation have positive effects on industrial BE and brand performance.

In addition, Write my essay english class 7 country india brands that follow local social responsibility policies in communities obtain strong positive benefits through the generation of BE, enhancing the positive effects of CSR toward other stakeholders, particularly customers ADDIN EN. Henceforth, a growing body Louisville Review Vol 75 Cover Image literature Is Justice for All Possible in American?

write papers online highlighted the positive correlation between CSR and BE as well as CBBE, proving that any firm abiding by CSR initiatives will eventually result in the prosperity 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 English Language Requirements aware customers Write my essay english class 7 country india eventually improve long-term customer loyalty, legitimacy, How has social media affected global civic engagement?

argumentative research paper, and BE ADDIN EN. Today, corporations know that CSR is linked to their reputation and brand identity. Write my essay english class 7 country india Lebanese territoryLebanon: OverviewThe Lebanese Republic is a small country, with an area of 10, square kilometers, located Write my essay english class 7 country india the eastern shore of the Mediterranean Sea. Its location 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 estimated 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 Lebanese 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 Write my essay english class 7 country india latter began, the number of tourists visiting Lebanon has fallen by more than a third and tourism revenues are down by Write my essay english class 7 country india one-half.