logo

Corporate Social Responsibility | Assignment Solution

   

Added on  2020-12-09

10 Pages3183 Words270 Views
Professional DevelopmentPolitical Science
 | 
 | 
 | 
Business Environment
Corporate Social Responsibility | Assignment Solution_1

Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1TASK 1............................................................................................................................................1Impact of Innovation...................................................................................................................1TASK 2............................................................................................................................................3Corporate social responsibilities and activities of chosen company in relation to CSR.............3CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
Corporate Social Responsibility | Assignment Solution_2

INTRODUCTIONBusiness environment is considered as a sum total of whole internal as well as externalfactors which influence an enterprises. Now a days innovation and corporate social responsibilityare refers as a foundation of business competencies (Alles and et. al., 2018). Both CSR andinnovation are helpful in business to improve reputation and facilitates opportunities for savingcosts. For this assessment the chosen company is Britivic Plc which is a British producer thatdeals in soft drinks. Its headquarters is in Hertfordshire, UK. Another firm is G4S Plc, it is aleading multinational security service having headquarters is in London, UK. The purpose of thisreport is to explain the innovation and its impact on economic progress. Practical illustration ofinnovation and impact of innovation on sales, operations, profit and so on. Defining the CSR andits importance. Knowledge about Corporate social responsibility Model and their practicalapplications are also mentioned in this report.MAIN BODYTASK 1Impact of InnovationInnovation is considered as a execution of new developed products or methods, newmarketing or organisational process into business practices, external relationship etc. It providesan edge in penetration markets as well as facilitates a effective connection for improving themarkets that can leads towards huge opportunities mostly in developed countries (Hopkins,2012). Technological innovation includes innovation which derived from research as well astechnology improvements that are autonomous of goods and services initiatives. Also it is asuccessful execution of technical ideas that is new for the organisation for developing this. IfBritivic Plc want to perform innovation into their products that is soft drinks then it can usevarious technological innovation such as semi radical, incremental and disruptive. Semi radicaltechnology is generally depends upon the existing knowledge regarding technology. This utiliseknowledge in such a manner which differ essentially into past. Disruptive, this kinds oftechnology breaks traditional ones and it currently facilitates a new products as well astechnologies which are more accessible. It also shows the thoughts regarding present businessand supply chains. Incremental technology are considered as a small but has valued productsand process developments (Technological innovation types. 2015). It usually have advanced1
Corporate Social Responsibility | Assignment Solution_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
The Importance of Innovation
|10
|3039
|354

Business Environment Assignment - Britvic PLC
|11
|3311
|71

Corporate Governance and Corporate Social Responsibility : Assignment
|10
|3319
|63

Innovation and Technology | Assignment
|11
|3044
|354

Business Environment Assignment - Britvic Plc and Brewin Dolphin
|12
|3640
|371

Importance of Innovation and Technology in Corporate Social Responsibility
|11
|3274
|180