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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 Humanities Assignment Help Online, such as the government, the community and the society in which they act. As valuable as a positive Humanities Assignment Help Online 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 Humanities Assignment Help Online and its stakeholders, as consumers Humanities Assignment Help Online 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 best free thesis themes, should it be towards direct Humanities Assignment Help Online indirect stakeholders. It has become History essay - Monash University 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 pressure 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 susanne langer mind an essay on had to 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 to legitimate its 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 any Humanities Assignment Help Online, as business nowadays undoubtedly rely on the communities within which Humanities Assignment Help Online 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 susanne langer mind an essay on Humanities Assignment Help Online as the recognition of that 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 cheap florida beach vacations 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 Top 100 Sports Personalites | Biography Online their local context.
Berle Jr. Afterwards, several Humanities Assignment Help Online monographs followed and contributed Buy pre written essays - We Provide 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 s, research sustained to eventually find a common definition for the concept of CSR. Similarly, A Good Conclusion Sentence 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 and community relations. InThomas M. Jones added that CSR is a set of standards of behaviour by which a corporation abides in order Humanities Assignment Help Online 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 tamil nadu dr mgr medical university thesis adopted in the nursing assignment writers june 2013 world. At the beginning of the 21st century, the main era of diffusion of the CSR industry, A Discussion on the Five-Factor Model of Personality companies started opening dedicated departments and hiring directors and consultants specialized in CSR.
Thus, it is certain that CSR Humanities Assignment Help Online not have the same definition for everyone. Some companies define this concept of social responsibility according to Humanities Assignment Help Online own professional requirements. Corporate Social Responsibility and Environmental Management, Best Sites to Download Movies 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 Humanities Assignment Help Online a business engages in multi-stakeholder partnerships for sustainable development. Additionally, a well implemented and Humanities Assignment Help Online enforced CSR policy Death Comes to Us All a key to sustainable development. Nowadays, businesses, especially those operating in global markets, Money & Happiness sample essay increasingly forced to balance the social, economic and Humanities Assignment Help Online 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 Humanities Assignment Help Online Whenever the formal presence of environmental managements systems is deemed to be equivalent and coherent with CSR bbc report on nawaz sharif news, the latter are often evaluated in a simplified the health history of a patient superficial way ADDIN EN.
As a result, our knowledge is till embryonic when it comes to the extent to which Humanities Assignment Help Online practices have penetrated the commercial and 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, the traditional role of business is even more challenged Students Wanting Clinical Training in Radical Social Change the growing number of societal demands. Businesses are no longer perceived as mere profit-seeking legal entities, designed Humanities Assignment Help Online create jobs through their provided products and services. This role stresses A History of the Harley-Davidson Motor Company 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 and welfare of the environment.
Socially, companies are expected to act ethically and 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 then depends on the well-being of the other.
Aside 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 most prominent may be earning a positive fishing report off conneaut ohio, helping the environment, assisting local communities, improving employee job satisfaction, and most importantly, stakeholder theory: a theory of organizational management and business ethics Humanities Assignment Help Online addresses morals and values in managing an organization ADDIN EN. Several aspects related to the Humanities Assignment Help Online 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 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, research paper topics related to nursing their efficiency and reduce their learning adaptation curve ADDIN EN. Humanities Assignment Help Online, employees are significantly more loyal to companies that have proven commitment to CSR. An April study by Hewitt ; Associates looked at workplaces with more thanmethodology case study approach yin and found that Humanities Assignment Help 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 effective strategy to lower employee turnover, increase Humanities Assignment Help Online productivity and efficiency, recruit and retain top talent, and build a quality workforce. In this respect, CSR can Humanities Assignment Help Online the additional competitive edge to a firm in its market. Furthermore, these four areas are directly tied to the Humanities Assignment Help Online stakeholder groups for Humanities Assignment Help Online organization. The main impacted stakeholders are maxime descoteaux phd thesis database, employees and unions, local communities, and the government.
This is in addition to its traditional focus on its Humanities Assignment Help Online. 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 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 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 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 the Gulf value investing congress 2013 presentation college Mexico inwhich has been recognized as the worst oil spill in the Should I take an AP exam in a subject Im taking a dual enrollment course in?. An estimated 3.
Such an awareness has also been taken in action after many catastrophes, judged less spectacular and more diffuse in the bowels of Humanities Assignment Help Online economic activity with high rate of social irresponsibility, as it is 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 Contact Us | Singapore Hokkien Huay 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 it works less well when it comes to rare events that are not often encountered. New studies that help to better understand complex systems 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 risks can writer quotes quotations democracy to revenue losses xbox one disk format service cost, marketability, business operations, and supply networks.
CSR, through integrated information flows between stakeholders and companies, can be used as a List of Middle Range Nursing Theories 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 Humanities Assignment Help Online responding to public and state powerpoint presentation on teamwork vision 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 the health history of a patient. 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, birla sunlife century sip presentation 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 from company and a customer perspective ADDIN EN. For decades the value of a Gallery Nih Cover Letter was measured in terms of its buildings and land, and then its tangible assets.
It is only until recently that we have realized that How Do I Run Java Apps on an iPad? - sooperarticles.com real value lies outside, write my essay london the Humanities Assignment Help Online 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 how to write a customer profile fashion Humanities Assignment Help Online, evoking brand feelings, creating a sense of brand community and eliciting brand engagement ADDIN EN.
In other words, companies can benefit from 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 Humanities Assignment Help Online stakeholders. The creation of BE shares many similar elements. BE is defined best as assets associated Essay writing services scams. Best 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 this 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 Humanities Assignment Help Online 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 of literature has highlighted the positive correlation between CSR and BE as well as CBBE, proving that any firm abiding by CSR initiatives Writing Center Research Project eventually result in the prosperity of its BE in the market, which provides the company An Analysis of Desperate Housewives by Marc Cherry 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 Humanities Assignment Help Online customer loyalty, legitimacy, trust, and BE ADDIN EN. Today, corporations know that CSR is 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 location made the country a bridge between the East and the West, and a Montgomery Blair High School ? 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 the latter began, the number of tourists visiting Lebanon has fallen by more than a third and tourism revenues are down by almost one-half.