Analysis of Reflective Journal

Running head: ANALYSIS OF REFLECTIVE JOURNAL
ANALYSIS OF REFLECTIVE JOURNAL
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1ANALYSIS OF REFLECTIVE JOURNAL
Table of Contents
Task 1 – Assessment related to arguments based on both the views of
Corporate Social Responsibility..................................................................................2
Introduction...................................................................................................2
Reflective analysis........................................................................................2
Conclusion....................................................................................................3
Task 2 – Relationship of the profitable business and ethical business.............4
Introduction...................................................................................................4
Reflective analysis........................................................................................4
Conclusion....................................................................................................5
References.......................................................................................................7

2ANALYSIS OF REFLECTIVE JOURNAL
Task 1 – Assessment related to arguments based on both the views of
Corporate Social Responsibility
Introduction
Corporate social responsibility is an important factor that can help in the
proper maintenance of sustainable processes of various companies. The levels of
sustainability and the long term operations are related to the corporate social
responsibility based responsibility activities which are undertaken by the
organizations. The views related to corporate social responsibility thereby include,
narrow view and broad view. The journal will be built on the reflective analysis
related to two major views that can affect the organizational operations (Ni & Van
Wart, 2015).
Reflective analysis
I have been able to understand the narrow view related to corporate social
responsibility that has been discussed by Friedman. The major purpose based on
effective existence of the business is related to methods which are used for
distributing economic value to the society. I have also understood that managers can
maximise the levels of value which are offered to the shareholders. The theory is
thereby based on the effective understanding of the ways by which profitability levels
can be increased in the modern organizations. The theory has stated that the most
important objective of an organization is to earn profit and increase the levels of
revenues as well (Cheng, Ioannou & Serafeim, 2014). The corporate social
responsibility based activities are thereby considered to be secondary in nature. The
different companies that have given importance to the profitability levels instead of
corporate social responsibility mainly include, Ford Motor, Microsoft, Walmart and
Nestle.
The learning has also been provided to me based on the socio-economic view
based on corporate social responsibility that mainly states that modern companies
are an important part of the larger society. The organizations need to be fulfil their
responsibilities towards the society and the community in the area where they
operate. The companies thereby try to maintain their position by fulfilling the
responsibilities in an effective way. The sustainability of the operations of different
organizations are related to the methods that are implemented in order to operate