Corporate Social Responsibility (Csr) Necessary For Companies

824 words, 4 pages

Intro Sample...


UGBA10

CSR or Corporate Social Responsibility is a form of corporate self-regulation integrated into a business through the three P’s: profit, planet, and people. There are many arguments that are for and against Corporate Social Responsibility (CSR). Though the arguments go back and forth, CSR is ultimately very necessary for a corporation for it helps in the realm of marketing, PR and government regulation.
Many believe that CSR can help the overall image and management of a company. Through positive PR, those in favor of CSR see it as a win-win. Through it companies can help build the communities around them as to have a positive consumer base that is more willing to buy products from the company or accept... View More »

Body Sample...


The company has also had a positive impact on the environment in that it 58% of the electricity used in its stores are from renewable energy sources in addition to reducing their water usage by 22%. Still this hasn’t helped their profitability because over the past 4 years, their CSR policies have not really changed, while their profits have. In 2008 Starbuck’s shares declined nearly 50%, due to overexpansion, and consumer unwillingness to pay so much for coffee, not CSR. However, recently the company has seen a complete turn around and an increase in stock price by almost 500% since 2008. Its CSR policies are still similar to that of 2008, which means the its CSR has not really effected the profitability of the company. Instead it came down to consumer demand, and the slowing down of company expansion.
Overall corporate social responsibility is viewed with great skepticism. Some see it is absolutely necessary, while others see it as a waste of time and money. Still, when it comes down to it CSR is necessary because it helps to put a company at a competitive advantage against other companies, it provides positive PR, and helps to market/sell a company’s products.

Works ...

Read More

Related Essays on Corporate Social Responsibility (CSR) Necessary for Companies

  • Bailout

    3077 words, 13 pages

    UGBA107 Coming into his first term as President, a huge controversial issue that President Obama had to take a stand on was whether or not to bailout American car company General Motors, as the company was strongly affected by the weak United States economy. After advocating and eventually handing out a huge bailout several years ago, General Motors is again in the spotlight because of its large amounts of investment in plants in Mexico to outsource work. Many American taxpayers believe it is wrong for General Motors to give jobs to non-Americans especially after the huge government bailou

    View Document »

    Dow Jones Index (Dji) Not A Good Measure Of The Us Economy

    758 words, 4 pages

    UGBA10 The Dow Jones Index (DJI) is a powerful tool that serves as an indicator of the state of the US Economy. This correlation can be made if the performance of the DJI is compared to that of the US GDP. This is supported by the fact that the growth rates between 2010 and 2011 for both measures were very similar. The growth of the US GDP was 3.3% while the growth of the Dow Jones was 5.5% (1,2). Although the Dow Jones serves as an effective measure of the US Economy with its direct correlation to GDP fluctuation, it does not incorporate a good selection of repre

    View Document »

    Bmw Goes Green

    1881 words, 8 pages

    ESPM 50AC From the first automobile designs put together by Guido da Vigevano to the supercars of today, the car industry has taken many shifts towards innovation and has adapted to fit the needs of society during each generation. As time has passed, vehicles of all types have been built, until today over 800 million automobiles exist on the road (Lienert). What impact do these vehicles have besides providing people with transportation and general utility? The impact they have is important because it is that of the damaging of the environment through the air and

    View Document »

    E-waste Nightmare: Guiyu, China

    4022 words, 17 pages

    Electronic waste, or E-waste, has become an increasingly large dilemma, especially in this day and age of the twenty-first century.  Many things about electronic waste is discussed here such as the causes and effects of E-Waste in general. More specifically, what is discussed is how humans have a large contributing factor to this problem.  The following also provides examples of any efforts humans are putting in to fix the waste.  More specifically, the paper discusses electronic waste in Guiyu, China and how it affects its residents and their lifestyle. Lastly, preventative measures are offe

    View Document »

    Regulating Broadband In Chile: The Debate Over Open Access

    2017 words, 9 pages

    UGBA101A 1. Telephone companies were given the opportunity to set their own prices unless Chile’s antitrust agency determined that there was not sufficient competition for a certain service or geographical region. As a result, the telecommunications regulatory agency, known as SUBTEL, would determine the maximum price the dominating firm could charge for the given service or region. However, firms outside of the one dominating were allowed to set any price they saw fit and could change the prices whenever they desired. The price that SUBTEL ultimately established was reliant upon assumptio

    View Document »

    Buddhist Economics: Dethroning Capitalism

    5028 words, 21 pages

    EALC120 Buddhist Studies C120 Introduction Economics are principles that surround the entire world. They are principles that people in all industries, fields, and income levels are effected by. They play an important role in how many individuals live and how different countries’ governments operate. Mainstream economics in its entirety is now seen as something very controversial because of the widespread environmental devastation and socioeconomic disparity globally. Many argue that mainstream economics are a tool of the wealthy and the politically powerful, and that

    View Document »

    Students And Prewriting

    3378 words, 14 pages

    The writing process is composed of many interrelated and equally important steps – Prewriting, Drafting, Writing, and Revising. All of these stages build off one another and guide students towards a polished final product. However, studies show that students do not necessarily devote an equal amount of time and energy to all parts; in fact, most students will only focus on one or two of the four proposed steps. One step in particular that is heavily neglected is the prewriting step. There are a number of reasons why students often opt out of this particular step, but this research paper will e

    View Document »

    Social Media Should Not Be Censored

    1714 words, 7 pages

    The right of free speech and the boundaries that separate it from hate speech has been an issue ever since the first social media network became public. However, in recent years the topic has become more and more heavily debated as controversial topics and social media networks efforts to censor them have become more prevalent. This debate has sparked the question of: do we as citizens believe social media networks should have the right to limit what it is we post and say on social media? The topic is far from black and white due to the possibility of horrible things being posted such as, expl

    View Document »

    Thailand's Economy

    521 words, 3 pages

    ECON 1 In the past few years Thailand’s economy has seen a great amount of fluctuation. Thailand’s economy is one that has always done well with growth, up until the floods of last year, decreasing production and destroying the Thai economy. So many companies had to halt production due to damaged factories and are barely beginning to piece back together their Thailand operations. Though seemingly struggling to piece back their damaged economy, Thailand reported a GDP growth of 3.3% in the second quarter of this year, compared to the quarter just before that. It is remarkable b

    View Document »

    Foreign Investments In Central Asia: Past, Present, And Future

    7354 words, 30 pages

    GEO55 Introduction Since their independence in 1991 Central Asian states have each struggled to keep up with the innovations and economies of the modern world. Much of the development in each country is contingent upon the ability for countries to gain foreign investment to build infrastructure and economies. In this paper I will analyze the state of Central Asian economies as they pertain to the natural resources, infrastructure, human resources, and government in each respective state. Each of these four categories helps define the current state and the future of foreign investment i

    View Document »

More Popular Essays

Research help is just moments away!