Corporate Social Responsibility

Corporate Social
Responsibility
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Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Explain the meaning and evaluate the role of CSR in modern business organisations..............3
Evaluate an organisation’s corporation tax and investment decisions in the context of its CSR
governance and reporting policies..............................................................................................5
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8
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INTRODUCTION
Corporate Social Responsibility (CSR) has been refereed to a broad concept of
management where the companies actively incorporate potential environmental as well as social
concerns in their business functioning and operations with stakeholders (Grayson and Hodges,
2017). By applying the concept of CSR, an enterprise may achieve full balance and control over
environmental, economic as well as social imperatives. Tesco Private Limited has been
considered in this essay which comes under the category of retailing industry. It is a British
multinational company which was established in 1919 at England, United Kingdom. The founder
of such company is Jack Cohen. Variety of products have been offered by respective company
which are clothing, toys, furniture, books, software, financial and internet services. The essay
will focus on understanding core concept of CSR with analysis of relationship among business
and CSR policies. It will further monitor corporation tax and investment decisions with respect
to the policies.
MAIN BODY
Explain the meaning and evaluate the role of CSR in modern business organisations
CSR have been considered as self controlling company's model which actually assist in
making the business more accountable to the share holders as well as to public. The prime aim of
engaging such practice is due to the way it benefits enterprise as well as positively influences the
actions of employees who are working for such business. The CSR not only lay emphasis on
social, economic as well as environmental factors but, it also address the potential expectation of
all stakeholder. The concept have been taken into wide consideration and it have the ability to
take varying form as per the demands and aims of company. Through such programs, the
respective company can positively boost their brand by adopting practices for welfare to society
and enhanced volunteer influence (Flammer, 2015). It is not only necessary for community but
also implied for betterment of business for making it more advanced and modern.
The role of CSR in modern business organisations are very evident as every company has
to modify their process of working as per determined by social responsibilities. The ethical
practices and such responsibilities are quite necessary for alleviating success level of Tesco plc.
The role of CSR in improving brand image as well as enhancing recognition of taken company
has been clearly seen, because if an organisation is highly balanced towards achieving the ethical
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