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Influence of corporate social responsibility on sustainable business

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Added on  2021-01-02

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CORPORATE GOVERNANCE AND STRATEGY RESEARCH TITTLE 1 1.0 INTRODUCTION 1 1.1 Purpose 1 1.2 Scope of Topic 1 1.3 Problem statement with regard to company 1 2.0 LITERATURE REVIEW 1 3.0 RESEARCH QUESTIONS 2 4.0 METHODOLOGY 3 4.1 Research design 3 Research philosophy 3 4.2 Primary data 3 4.3 Secondary data 3 5.0 Access and Ethics 4 6.0 REFERENCES5 7.0 APPENDICES7 Time plan7 RESEARCH TITTLE “To ascertain influence of corporate social responsibility on sustainable

Influence of corporate social responsibility on sustainable business

   Added on 2021-01-02

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CORPORATE GOVERNANCE ANDSTRATEGY
Influence of corporate social responsibility on sustainable business_1
Table of ContentsRESEARCH TITTLE......................................................................................................................11.0 INTRODUCTION.....................................................................................................................11.1 Purpose.............................................................................................................................11.2 Scope of Topic..................................................................................................................11.3 Problem statement with regard to company.....................................................................12.0 LITERATURE REVIEW..........................................................................................................13.0 RESEARCH QUESTIONS.......................................................................................................24.0 METHODOLOGY....................................................................................................................34.1 Research design................................................................................................................3Research philosophy...............................................................................................................34.2 Primary data......................................................................................................................34.3 Secondary data..................................................................................................................35.0 Access and Ethics.............................................................................................................46.0 REFERENCES..........................................................................................................................57.0 APPENDICES...........................................................................................................................7Time plan................................................................................................................................7
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RESEARCH TITTLE“To ascertain influence of corporate social responsibility on sustainable businessperformance: A case study on Ikea”.1.0 INTRODUCTION1.1 PurposeCorporate strategy and governance play a crucial role in managing sustainable businessperformance as it offers different ways of serving stakeholder satisfaction (Quarshie, Salmi andLeuschner, 2016). The research is conducted for academic purpose which will help learner inboosting knowledge over research topic (Habel and et.al., 2016). This will help in determiningpolices and practices like preventing environment fair business activities, concerns of customers,etc. (Fuoli, 2012) 1.2 Scope of TopicThe research topic is wide and will help in analyzing ways and practices by which firmcan manage continuous stable growth by coordinating with environmental, social and financialimpacts (Alvarado-Herrera and et.al., 2017). The topic corporate social responsibility and ethicsare core business concerns which promotes respect for human rights, philosophy of management,optimal work environment and fair employee management (Isaksson, Kiessling and Harvey,2014). 1.3 Problem statement with regard to companyIkea is one of the leading furniture retail firm which designs and sells customized andexclusive furniture designs for home, offices, etc. The focus of firm is one managing innovationin wood according to customer expectation and requirements (New at IKEA, 2018). The businessaim at developing new fresh and new furniture designs to transform lives of buyers.In accordance with business report of Ikea it is identified that management activities ofcompany are fair but the firm lack employee motivation (Baker, Cohanier and Pederzoli, 2012).Implementing polices and practices of CSR can helps the firm in managing responsible practiceswith regard to workers which is directly concerned with improved business productivity (Khanand Manwani, 2013). 2.0 LITERATURE REVIEWAccording to Hsueh, 2014, CSR is a self regulation practice which helps the organizationin managing sustainability in business performance and growth. The motive of CSR polices and1
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practices is related to three aspects that is empowerment of economy, development skills bytraining and environment. In accordance with this, Ikea, the furniture retail company is focusedon meeting customer expectation by delivery quality good at affordable prices. Further, thecompany contributes top social welfare and charity program mes which support womenempowerment and early education of children. Maon, Swaen and Lindgreen, 2007, has discussedabout compliance of Ikea With CSR is the with the motive of gaining consumer trust andcontributing possible return and development of society and economy. As per Dudovsliy, 2017,it is identified that the major pressure to Ikea is from external stakeholders which hampers costeffectiveness of business functions (Reinecke and Ansari, 2016). However, to overcomeexternal pressure the enterprise has scrutinized child labor in Asia and working condition in Asiaand Eastern Europe. Apart from this, the company is focusing n developing bong withInternational federation of Building and Wood employees. Moreover, the management ofcompany has enabled commitment with non profit orgnaistaion by emerging with approach ofsave the children and elimination of child labor and modern slavery. Apparently, Vallaster,Lindgreen and Maon, 2012, discussed about packaging event which is organized by furnitureretailer where the firm distributed toys and other learning tools to children. Further, the companyash planted more than one million trees across the country to support wood evolution (Boje andet.al., 2015).3.0 RESEARCH QUESTIONSAim“To ascertain influence of corporate social responsibility on sustainable businessperformance: A case study on Ikea”.ObjectivesTo develop understanding over corporate social responsibilityTo assess the relationship between CSR and corporate governance of IkeaTo suggest effective polices and practices of CSR and ethics for managing sustainablegrowth of Ikea.Maon, F., Swaen, V. and Lindgreen, A., 2007.QuestionsExplain the concept of corporate social responsibility?What is the relationship between CSR and corporate governance of Ikea?2
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