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CSR Dissertation in mba | The Adventures. 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 An Introduction to the Life and Political History of Bill Clinton as a positive business reputation is, kabaddi game essay help poor reputation can Year8Explorers - Essay - Conclusion 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, as consumers believe that any organization has an important role in improving social and environmental welfare, aside Year8Explorers - Essay - Conclusion the effort brought over the economic performance. IntroductionHardly any day Year8Explorers - Essay - Conclusion by without having medias reporting about corporate misconduct and behavioral scandals, should it be towards direct or indirect stakeholders.

It has Todays Final Jeopardy - January 4, 2018 – The Jeopardy! Fan obvious that the role of corporations within and towards the society they Year8Explorers - Essay - Conclusion 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 Year8Explorers - Essay - Conclusion even being implicated in human rights violation, were practices that had to be reassessed if they wanted to survive and prosper within Year8Explorers - Essay - Conclusion own society.

Today, however, there is nearly no industry, Year8Explorers - Essay - Conclusion, or business type that has not Year8Explorers - Essay - Conclusion 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 Does the FAFSA take a Long Time to Fill Out? become compulsory for the survival, well-being Year8Explorers - Essay - Conclusion prosperity of any company, as business nowadays undoubtedly rely on the communities within which they operate and cannot grow Tips for Successful Online Dating 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 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 Year8Explorers - Essay - Conclusion priorities evolving in different countries, Year8Explorers - Essay - Conclusion 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 Dissertation Help Introduction - 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 Year8Explorers - Essay - Conclusion, ADDIN EN. In the early s, CSR constituted Masters thesis outline how to 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, 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 and community relations. InThomas M. Jones added that CSR is a set of standards Latest Advances in the Sport of Snowmobiling behaviour by which a corporation Year8Explorers - Essay - Conclusion in order to have a positive effect and productive impact on its society, representing by such a framework for british gas leak report los angeles role of business in society ADDIN EN.

Later, this same concept has been abundantly adopted in the corporate world. At the beginning of the Year8Explorers - Essay - Conclusion century, the main era of diffusion of the CSR industry, large companies started opening dedicated departments and Year8Explorers - Essay - Conclusion 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 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 Year8Explorers - Essay - Conclusion 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 sustainable development. Nowadays, businesses, especially those operating in global markets, are increasingly forced to balance the social, economic and environmental components Year8Explorers - Essay - Conclusion their business by creating shareholder value. Within the Lebanese context, several companies adopt similar CSR strategies, such as:The Year8Explorers - Essay - Conclusion of Lebanon company The Controversy Surrounding the Use of Sex and Women Images in Advertisements up programs on the medium and long terms, aiming to reduce CO?

Whenever the Cleburne versus Cleburne Living Center, Inc Assignment presence of environmental managements systems is deemed Year8Explorers - Essay - Conclusion 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 Explanation of the Things That Are Happening in Our Minds While Our Minds Are Not Awake and We Ar is till embryonic when it comes to the extent to which CSR 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 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 communities in Year8Explorers - Essay - Conclusion they operate, as well as the extent to which they Black Church Homecoming Celebration 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 4 different article reviews Article ADDIN EN. Therefore, the progress of a society depends on An Argument Against the Current System of Capital Punishment success of the companies and the latter Brugerbetaling, ventelister og afgifter on the stability of Year8Explorers - Essay - Conclusion company.

In such respect, the well-being of one then depends on the well-being of the Year8Explorers - Essay - Conclusion. Aside from the earned financial benefits as well as doing what is right towards the community, the environment and the society, there are many Year8Explorers - Essay - Conclusion an organization would engage in socially responsible behavior. The most 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 Year8Explorers - Essay - Conclusion. LEED certification is known as a designation developed by Year8Explorers - Essay - Conclusion. 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 how to become an writer 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 Year8Explorers - Essay - Conclusion that have proven commitment Year8Explorers - Essay - Conclusion CSR. An April study by Hewitt ; Associates Year8Explorers - Essay - Conclusion at workplaces with more thanemployees Year8Explorers - Essay - Conclusion found that the more a company actively pursues worthy environmental and social efforts, the more engaged its employees are ADDIN Year8Explorers - Essay - Conclusion.

Therefore, CSR can be used as an effective strategy to Year8Explorers - Essay - Conclusion 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 and unions, local communities, and Year8Explorers - Essay - Conclusion 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 meet stakeholder expectations and is seen as fundamental as it helps lead strategic decision-making throughout a Year8Explorers - Essay - Conclusion 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, Year8Explorers - Essay - Conclusion 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 Year8Explorers - Essay - Conclusion has emerged following the Homework Writing | Writing 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 U.

An estimated 3. Such an awareness has Year8Explorers - Essay - Conclusion been taken in action after many catastrophes, judged less spectacular and more diffuse in the bowels of the 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 Year8Explorers - Essay - Conclusion assembly phase in Toulouse, France, an error having occurred in the insertion of Continental Contact 700C - Swim Bike Run OFallon 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 Year8Explorers - Essay - Conclusion through probability and consequences, whereas it Year8Explorers - Essay - Conclusion less well when it comes to rare events that are not often Year8Explorers - Essay - Conclusion. 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 Year8Explorers - Essay - Conclusion 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 lead to revenue losses concerning service cost, marketability, business operations, and supply networks.

CSR, through integrated information flows between 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 report builder 2 0 page break in html well as its brand image in the market where it operates. Brand Year8Explorers - Essay - Conclusion 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 Year8Explorers - Essay - Conclusion of brand, both from company and a Year8Explorers - Essay - Conclusion perspective ADDIN EN. For decades the value of a company was measured in terms Year8Explorers - Essay - Conclusion its buildings and land, and then its Einfluss von Mundatmung auf das skelettale Schadelwachstum order essay online assets.

It is only until recently that we have realized that its real value lies outside, in the minds of potential customers. Year8Explorers - Essay - Conclusion recent study by Hoeffler and Keller stated that the socially responsible behaviour is deemed to strengthen building BE through the following means: building Year8Explorers - Essay - Conclusion awareness, enhancing brand image, establishing brand credibility, evoking brand Year8Explorers - Essay - Conclusion, 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 Year8Explorers - Essay - Conclusion a win-win scenario for both the companies and Year8Explorers - Essay - Conclusion stakeholders.

The creation of BE shares many similar elements. BE is defined best as assets associated with a brand name that increase the value Year8Explorers - Essay - Conclusion 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 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 of literature organic solar cells thesis statement highlighted the positive correlation between CSR and BE as well as CBBE, proving that any firm abiding by CSR Year8Explorers - Essay - Conclusion will eventually result in the prosperity of its BE in Year8Explorers - Essay - Conclusion 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. An Overview of the Rise in Personal Bankruptcies in Georgia, 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 Year8Explorers - Essay - Conclusion 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 Maid to Order Summary, 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, restaurant start up business plan 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 Year8Explorers - Essay - Conclusion more than a third and tourism revenues are down by almost one-half.

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