Corporate Social Responsibility Essay
11 Pages3587 Words69 Views
Added on 2020-07-22
Corporate Social Responsibility Essay
Added on 2020-07-22
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CORPORATE SOCIALRESPONSIBILITY
Executive summaryCorporate social responsibility is that aspect of company which needs to designed andformulate a better policy so growth of overall environment and society can be seen as where it isparticularly operating in market. It is a corporations initiatives which needs to assess and has tobring on responsibility for having an effects on the different environment and the social wellbeing too. Moreover, basic aim of firm needs to improve quality of surroundings where they areoperating in market. Vodafone is among the largest telecommunication industry and bring insatisfaction in customers with there product and services too. They serve there services in globalmarket and even ranked second in number of customers. CSR is included as needed aspect withresponsibilities that might convert them to handle image of there in market. Report is that whichfollow approaches and having an theoretical avenues for firm and important to enhance CSR taskand activity for employees.
Table of ContentsINTRODUCTION...........................................................................................................................4TASK ..............................................................................................................................................4Six core features of CSR.............................................................................................................4Different theoretical avenues and concepts are there in CSR.....................................................5Strategic approaches used by Vodafone that needs to be fulfilled by communityresponsibilities.............................................................................................................................6Recommendations to identify sustainability of CSR strategy of Vodafone...............................7CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONCorporate Social Responsibility is included as management aspect of company whichalso leads to integrate some social, environmental concerns in business operations and also leadto have communication with there stakeholders. CSR is that which needs to understood differentways which firm achieves balance of economy, environmental and social aspects as well. Eventhough it intake CSR among the various company that requires approaches in right format thatneeds and capacities of business are there which is not having an adverse affect then theeconomic viability (Schwartz, 2017). Hence, it is such which do have an number of activities thatis being involved in there CSR activities that could supply for the quality system which needs tofocus on enhancing life of people at sustainable level in proper way. Report is based onVodafone, which is largest telecommunication firm and satisfy millions and billions ofcustomers. They mainly focus on making delivery to people according to needs and wants.Assignment will be discussing about exploring variety of theoretical avenues with some strategicapproaches that needs to be adopted by enterprise and fulfil community responsibilities too. TASK Six core features of CSR.Vodafone responsibility towards community and environment are there in which they dooperate in better way. Firms are those who express citizenship like through there waste andpollution as well in with reduction process and this can be attained with help of contributingeducational and also social programs in better manner and by they also need to have an adequatereturns of the employed resources in great way. Some of those six core features of CSR as: Economic and social criteria of firm:- In this, primary focus is there which needs to beincreased in with overall profitability level as well that could safeguard the interest ofshareholders too. Belief and practices: Responsibility of business organisations is too carry out theoperations and transactions that might result into the increase of efficiency that transformliving standard of people in society (Lindgreen and Swaen, 2010). Different values andpractises are those which needs to be applied and remove a number of issues that mightarise due to various reasons.
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