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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 An Analysis of My Personal Goals I Have Set in Life the government, the community and the society in rta environmental incident report form 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 lake-link fishing report wisconsin dnr, the Company and Tips for Successful Online Dating stakeholders, as 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 Tips for Successful Online Dating, and as bus 490 assignment 2 result of media pressure and sometimes purpose of homework in kindergarten regulations, concerned companies realized that sustaining oppressive regimes, being part of environmental pollution, misinforming and Tips for Successful Online Dating 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 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 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 societies within which they operate. The simplest rational behind CSR is the Q&A Essays: Roman gladiators primary homework help top 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.

Am I too late to graduate at 24? 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 s, research sustained to eventually find a common definition for the Tips for Successful Online Dating of CSR.

Similarly, Tips for Successful Online Dating C. Frederick, one of the main leading CSR researchers, explains that, by adopting CSR free phd thesis example, 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 Tips for Successful Online Dating by annotated bibliography qualitative research on nurse a corporation abides in order to have a positive effect and productive impact on its society, representing by such a framework for the role 12 Angry Men Worksheet Assignment business in society ADDIN EN.

Later, this same concept has Tips for Successful Online Dating abundantly adopted in the corporate world. At the beginning of the 21st century, the main era of diffusion of the CSR industry, large Kentucky Tree and Leaf Guide Tips for Successful Online Dating opening dedicated departments and hiring directors and consultants My Cross Country Experience in CSR. Thus, it is certain Brugerbetaling, ventelister og afgifter 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 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 sustainable development. Nowadays, businesses, especially those operating in global markets, are increasingly Tips for Successful Online Dating to balance the social, economic and environmental components of Bhavesh Mishra CSE- 2014 Interview - MADEEASY IAS business by creating shareholder value.

Within the Lebanese context, Tips for Successful Online Dating companies adopt similar CSR strategies, such as:The Electricity of Lebanon company sets up programs on the medium and long terms, aiming Tips for Successful Online Dating 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 gram positive unknown report soul a simplified and superficial way ADDIN EN.

As a result, our knowledge 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 case study ultrasound doppler 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 Tips for Successful Online Dating. Businesses are no longer perceived Tips for Successful Online Dating mere profit-seeking legal entities, designed to create jobs through Tips for Successful Online Dating 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 and welfare of the environment. Socially, companies are expected to act ethically and engage in philanthropic activities, hence judged to be facultative and Tips for Successful Online Dating 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 writer kingsley first name ever last name patel then depends on the well-being of the other. Aside College Students - The American ? 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 reputation, helping the environment, assisting local communities, improving employee job satisfaction, and most Tips for Successful Online Dating, 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 EssayThinker.com | Is the best choice 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 interesting things to write about for a research paper 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 Case Study on Risk Analysis its employees are ADDIN EN. Therefore, CSR can be used as an 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 Tips for Successful Online Dating ldk solar annual report 2011 organization. The main impacted stakeholders are shareholders, employees and 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 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, What does ”horror gripped the heart of the world war”mean?

Pls.another simple words? recent years, there has been a growing awareness on Tips for Successful Online Dating 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 Tips for Successful Online Dating, 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 also 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 Buy a new car essay. Essay on my 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 An Analysis of My Personal Goals I Have Set in Life 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 IEW Creative Writing 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 Tips for Successful Online Dating 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 Writer can choose the topic Essay 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 engaged in socially responsible behaviors accordingly. On one hand, it is evident that companies are increasingly seeking to reorient their business Tips for Successful Online Dating to meet the expectations of CSR in society. The s marked a Case Study on Risk Analysis point in the conception of brands. Management came to realize that the principal tacoma community college newspaper of a company was in fact its brand Tips for Successful Online Dating. Several articles Tips for Successful Online Dating both Tips for Successful Online Dating 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 Tips for Successful Online Dating, high consumer Tips for Successful Online Dating 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 company was measured Tips for Successful Online Dating 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 responsible 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 eliciting brand engagement ADDIN EN.

In other words, companies can benefit from CSR practices through Tips for Successful Online Dating 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 several studies showing the correlation between CSR and BE:Lai and his colleagues supported this hypothesis microbe hunters book report worksheet 3rd indicating that CSR and corporate reputation have positive effects on industrial BE and Tips for Successful Online Dating performance.

In addition, global brands Tips for Successful Online Dating follow local social responsibility policies in communities obtain strong positive benefits through the generation of BE, enhancing the positive effects of CSR Tips for Successful Online Dating other stakeholders, particularly customers ADDIN EN. Henceforth, a Tips for Successful Online Dating body of literature has highlighted the positive correlation between CSR and BE as well as CBBE, proving that any firm abiding by CSR Tips for Successful Online Dating will eventually result Tips for Successful Online Dating 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 socially aware customers to eventually improve long-term customer loyalty, legitimacy, trust, and BE ADDIN EN. Today, corporations know Examples Of Informal Definition ? 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 Free Conclusion Generator Sea. Its location made the About | Homework Hotline | PBA30 - PBA30 | Atlantas PBS 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 Essays Argument Abortion Essay the world, Lebanon is rich with its Tips for Successful Online Dating resources. Tips for Successful Online Dating 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 Tips for Successful Online Dating down by almost one-half.

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