Corporate Social Responsibility is an important part of organizations’ strategy as they have realized that without proper CSR strategy they cannot survive for a long time. They have realized that they need the support from the masses. Here in this paper two companies are…
This paper describes almost all the CSR activities of these two companies. Beside that paper also provides a descriptive view of stakeholder models of these two companies. Finally there is a comparative analysis of CSR activities of Microsoft and Tata. This comparison is made on the basis of their operating zone and industry in which they are operating.
Corporate social responsibility (CSR) has been defined in various ways over the time. Most experts believe that the foundation of CSR is good corporate citizenship. It is also believed that CSR is founded on acknowledgement by the organizations that they need to clearly understand and manage the massive influences of business on the society in order to benefiting both society and company as a whole (Marsden and Andriof, 1998). According to McIntosh and Andriof refers to the understanding of the corporate leaders regarding the fact that each and every activity of an organization has flow-on effect on both inside and outside of the company. Company’s activities would have effect on everything starting from customers to communities and environment. Several management writers argue that corporate social responsiveness deal with the capacity of any business organization to respond to various social pressures (Foley, Jayawardhena, October 2001).
In this paper CSR would be discussed in the context of two multinational companies, one is from a developed economy and another is from a developing economy. Microsoft is chosen as the representative of developed economies and TATA is chosen as the representative of developing economies.
Software giant Microsoft provides software service and creative business solution to its huge customer base. The company was founded in 1975 by Bill gates and Paul Allen. Various products of Microsoft include different versions of windows, MS-DOS, Office XP, .NET, 2007 Office system etc. (AEA Member Directory, n.d.). ...
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(Coperate Social Responsibility Essay Example | Topics and Well Written Essays - 2750 Words)
“Coperate Social Responsibility Essay Example | Topics and Well Written Essays - 2750 Words”, n.d. https://studentshare.net/miscellaneous/384157-coperate-social-responsibility.
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Most companies have, therefore, made it a practice to incorporate responsibility towards the society and the environment as part of their routine business. This notion of corporate social responsibility has been heavily debated on in recent years so much so that researchers have called into question the existence of the “social” aspect in “corporate social responsibility”.
This historically unprecedented development has led to new ethical quandaries, especially addressed toward the business corporations that actively perpetrate such values and lifestyles that favour their bottom lines. Large departmental stores, also called supermarkets, have replaced the traditional retail outlets such as family owned shops around the corner.
Its logo is a mixture of the HSBC's 19th century house flag and the Scottish flag.
The bank has its headquarters in London. The international bank comprises of 9500 offices in 76 countries and terretories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa.
For these companies, corporate responsibility, or 'CR', means managing their business responsibly and sensitively for long-term success. Their goal is not, and never has been, profit at any cost because they know that tomorrow's success depends on the trust they build today.
Being responsive to the needs of individuals, organizations and governments produce a positive impact on business and society. In today’s competitive landscape, social responsibility is a very important strategy for survival, and one way of long term viability of the business.
The extent to which firms or enterprises address social issues and/or concerns constitutes social responsibility relative to the operations undertaken in the organizational or business setting. In other words, social responsibility is the concern and
According to Theodore Levitt, the social responsibilities and welfare do not form part of the interests of a particular corporate system. With this in mind, it is important to bring into attention the fact that businesses must collide