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Assignment: Corporate Social Responsibility

   

Added on  2020-12-30

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CONTEXT OFBUSINESS
Assignment: Corporate Social Responsibility_1

EXECUTIVE SUMMARYCorporate social responsibility is a term which determines various activities to improvesociety in some way. This can range from presenting money to non-profits for implementingenvironmental and friendly policies at the workplace. The CSR is crucial for the companies andemployees dealing business both in domestic and international market. As this intent to ensurethat the companies conduct their business in ethical way, as it considers the economic, social,environmental impacts and thoughts of human rights. This can also involve the range ofactivities like working in partnership with local peoples, improving condition of vulnerablesocieties and more.
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Table of ContentsEXECUTIVE SUMMARY.............................................................................................................2INTRODUCTION...........................................................................................................................4LITERATURE REVIEW................................................................................................................5The way company can rank itself with regards to CSR.........................................................5Corporate actions that resulted in company's ranking............................................................5Company's approach to CSR influence for purchasing decisions, with reasons....................7ANALYSIS AND DISCUSSION...................................................................................................7FINDINGS.......................................................................................................................................8Recommendation.............................................................................................................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
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INTRODUCTIONA''' Business context” is a linguistic context into which a specialise knowledge isemployed (Bell, Bryman, and Harley, 2018). This can be a bigger business ownership,individualist organisation or may be a project. The business context basically sets the range forrequirement assemblage and correspondence. In this all consequent requirements gathering isrequired to be designed by focusing on effectively satisfying purpose of business context.Business context plays a key essential role in the business planning aspect. In this reportdiscussions have been made on, brief summary of the business selected for research, regards ofcompany with Corporate social responsibility, specific examples of corporate actions that resultsin ranking of company, different approaches to CSR that influence the purchasing decisions ofthe company and the need of CSR in current business environment. Marks & Spencer is a British multinational retailer that is headquartered in Westminster,London. They are involved in selling of clothes, home products and luxury food products. Marks& Spencer was established in the year 1884 in Leeds, United Kingdom by Thomas Spencer andMichael Marks. The first Asian store of M&S was opened in Kabul, Afghanistan. It is one of theleading retailers of UK that has around 20 million customers worldwide. It is a successfulmanufacturer of women's wear and men's wear. The main purpose of the research is tounderstand the need of corporate social responsibilities in context of increasing productivity ofcompany (Jazdi, 2014). It is essential for companies that trade globally to develop their brandimage in front of others. These CSR activities conducted by various companies helps inaccomplishing this. Moreover, economic value of the company is also enhanced by involving inwelfare of society.
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