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(PDF) Corporate benefits of CSR activities

   

Added on  2021-02-19

6 Pages1332 Words68 Views
INDIVIDUAL REPORT

Table of ContentsINTRODUCTION...........................................................................................................................3MAIN BODY ..................................................................................................................................31 Issue that company facing .......................................................................................................32 Benefits of CSR projects..........................................................................................................33 Impact of Brixit .......................................................................................................................44 Reflation...................................................................................................................................5CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................6

INTRODUCTIONThis individual report is based on the Boots company, which is one of the largestpharmacy led, beauty and health retailer company of UK. The retail pharmacy division is thedivision of Walgreens Boots Alliance. This report is going to represent the issue that thecompany is actually facing. Further the impact of Brixit on the issue and company will beincluded. Benefit of the CSR will also be explained. MAIN BODY 1 Issue that company facing Boots is the largest beauty and health retailer also the pharmacy chain of the UnitedKingdom, this has two other territories which is Ireland and Thailand. This company helps toprovide the more beauty and health benefits to the customers through their products. Recently,company is facing issue of unemployment in the company. This issue in the company can bebuild up by any of the reason like low wages, less and weak leadership and management of thecompany that are unable to direct and lead the employees of the company effectively, legislationor the policies of the Boots company, which is is not in favour of the employees, and because ofthis reason unemployment can be increased in the Boots company (Nagaich and Sadhna, 2015). To improve the unemployment or to retain their employees in the Boots company,company manager can apply the Scientific management theory. As the aim of the company is toimprove the efficiency of the employees and productivity of their employees as well. As this willhelp the Boots company to bring the trained mindset of their leaders and managers so, that theycan effectively direct and motivate staff of Boots company. With the help of this theory,company will get help to replace its old management system and rules and introduce newmethods in favour of employees, that motivate employees to retain in the organization (Ourapproach, 2019). This theory helps to provide the more financial incentives that increase theproductivity of employees and motivate them retain with Boots company and work well. 2 Benefits of CSR projectsCSR (Corporate social responsibility) mission of the Boots company is to become themost socially responsible retailer in the UK in the market of beauty and health. For this theyapply the different strategies of CSR like:Improve the health of their customers and their communities.

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