Impact of CSR Activities on Partnership in Overseas Market
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This report explores the impact of CSR activities on the partnership of a company in the overseas market. It focuses on Unilever and its CSR practices, evaluating their impact on partnerships. The report also discusses different CSR practices that Unilever can adopt to attract more partners in overseas markets.
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CSR and PARTNERSHIPS
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Abstract Corporate social responsibility is the activities or method through which a company able to support social community and environment in successful manner. By conduct CSR activities an organization management able to enhance their business because this will leads to attainment of numbers of benefits such as increase in customer’s base, market shares, profitability ratio, attract investors and many more. Research is based on a company Unilever which is conducting business from 1929 at the worldwide level. It is conducting its business in retail sectors as well as they offer consumer goods and services. The head office of respective company is located at the United Kingdom. The primary aim of conducting this report is to determine impact of CSR activities of a firm on their partnership at the overseas market. In order to this, project manager first determine concept of corporate social responsibilities after that they determine CSR activities which a company may conduct for attract more partners at overseas market. in addition to this they also determine impact of CSR activities on the partnership as well as it also explain about the activities or practices which may conducted by Unilever for attracting more partners at overseas market.
Acknowledgements I would like to thank everyone who helped me in conducting my desertion properly and on time. First of all I would like to thank my parents and my professor who support me with their love, understand and guidance which help me in conducting project successfully. Secondly I would like to thank my committee members who show patient and always guide as well as advice so that I accomplish project properly. Thanks you all for your unwavering support.
Contents Abstract......................................................................................................................................................2 Acknowledgements....................................................................................................................................3 Research Topic – CSR (corporate social responsibilities) and Partnership...................................................5 Introduction................................................................................................................................................5 Research aim...........................................................................................................................................5 Research objectives.................................................................................................................................5 Research Questionnaire...........................................................................................................................6 Preview the report structure..................................................................................................................6 Limitation................................................................................................................................................7 Literature Review........................................................................................................................................7 Research Methodology..............................................................................................................................11 Research methods.................................................................................................................................11 Research rationale.................................................................................................................................11 Research design.....................................................................................................................................12 Data collection method.........................................................................................................................12 Sampling method...................................................................................................................................12 Limitation of research............................................................................................................................13 Data analysis.............................................................................................................................................13 Conclusion................................................................................................................................................20 Recommendations....................................................................................................................................22 REFERENCES..............................................................................................................................................24
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Research Topic – CSR (corporate social responsibilities) and Partnership Introduction Corporate social responsibilities is considered as types of international private business which is self regulation that objective is to contribute to the societal goals of the philanthropic, charitable or activist activities in order to engage as well as support volunteering or ethically conducted practices (Abbas, 2020). Through this a company able to conduct attracts more and more customers, media, government and investors that lead to enhancement of business or business growth. The respective report is based on the determining the impact of CSR activities on its partnership at the overseas market. The research is based on the Unilever Company which is conducting its business at the retail sector and it is introduced at 1929. The head office of respective company is located at United Kingdom as well as their business at the global market. The main of conducting respective report is to determine impact of CSR activities of a company on its partnership in overseas market. Here researcher will determine the concept of corporate social responsibilities and it also determines main CSR practices on Unilever and its partnership in overseas market. Moreover it also include evaluation of corporate social responsibilities activities on Unilever and on its partnership in overseas market Research aim To explore the impacts of CSR (Corporate social responsibilities) activities of a company on its partnership in overseas market. A study on the Unilever. Research objectives To understand the concept of corporate social responsibilities. To determine the main CSR practices a company may conduct at potential marketplace. To evaluate the impact of corporate social responsibilities activities on Unilever and on its partnership in overseas market. To identify different CSR practices Unilever may adopt for attracting more partners at overseas markets.
Research Questionnaire What is the concept of corporate social responsibilities? What are the main CSR practices a company may conduct at potential marketplace? What are the impacts of corporate social responsibilities activities on Unilever and on its partnership in overseas market? What are the different CSR practices Unilever may adopt for attracting more partners at overseas markets? Preview the report structure Abstract – This section of the researcher will include all the information which are mentioned in the report. It is like a short of summary which include information related to all aspects of research. Acknowledgements – In this section investigator will acknowledge or thank their team mates, senior and other person who help them in conducting research properly(Hanand et.al., 2020). Table of Contents – This will include page number and information which is mentioned at respective page. Introduction – This will include the information related to the topic which is impact of CSR activities on the partnership of a firm at the overseas market. This section of report also includes aim, objective and questions on which research is conducted. Literature Review – In this project manager will conduct evaluation of research question according to the perspective of other researcher Research Methodology – It will include methods which are used researcher for gathering authenticate as well as reliable information so that they able to attain the desire outcome successfully. Data Analysis – It will include the analysis of data which is gathered by researcher. Conclusion – It is the summary form of the whole report(Iglesiasand et.al., 2020). Recommendations – This will include recommendations related to the further improvement.
Limitation Limitations related to the respective report are availability of limited resources, times and funds(Jean, Wangand Suntu, 2020). Moreover, project manager will also experienced issues or limitations related to the under experienced team members as well as they also faced limitation due to less availability of information on the specific topic i.e. CSR and partnership. Literature Review What is the concept of corporate social responsibilities? As per the view point of Skye Scholey, 2020, Corporate social responsibilities (CSR) is considered as a type of business which is self regulated with the objective of being socially accountable. According to author there is no proper way according to which company will conduct CSR practices in effective manner. It can be for the environment as well as socialist development. Corporate social responsibility is considered as the management concept where organization integrate environmental as well as social concerns in its business operations and practicesaswellasitalsoincludeinteractionwiththestakeholders.Corporatesocial responsibility is considered as method or technique through which a company can attain environmental as well as social imperatives which is related to the Triple bottom line approach. Moreover, it also help in achieving balance of economic as well as at the same time it help in fulfilling the expectation of the shareholders and stakeholders. In respect of this, it is essential to draw a distinction among the CSR that is determined as systematic business management concept, sponsorships, charity or philanthropy (What Is Corporate Social Responsibility?, 2020). In addition to this, it is also help a company in conducting valuable contribution to the poverty reduction that directly enhance the reputation of an organization as well as strengthen their brand. The key issues which an organization can evaluate are eco efficiency, environmental management, responsible sourcing, labour standards, and stakeholder engagement, social equity, and gender balance, human rights, anti corruption measures, employees and community relation, humanrights,goodgovernanceandsoon.Aneffectiveimplementedcorporatesocial responsibilities notion will bring a variety of competitive advantages(Jeon, Leeand Jeong, 2020). This will include increase in sales and profit, enhance entrance to capital and markets, improved productivity and quality, operational cost saving, enhanced customer loyalty, lead better decision making, process of risk management and so on. There are many CSR tools which
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are used by an organization for being the path of CSR such as LAC (Life cycle assessment) this will help in quantifies firm’s green house gas emissions according to which they can develop plan for minimizing it. This will also help in analyzing environment and help in developing report related to CSR or sustainability reports in order to access and share their negative as well as positive contributions for the society as well as environment. This show that it is essential for a company to conduct corporate social responsibility activities as that will help in attaining desire goal as well as target successfully in the marketplace. WhatarethemainCSRpracticesacompanymayconductatpotential marketplace? As per the view point of the kimberlee Leonard, 2020, there are major four aspects on which corporate social responsibility of a company depend as well as that will also aid firm in increase their goodwill and market value. These main aspects are based on the philanthropic efforts, environmental conservation, organization diversity and labor practices and support volunteer efforts. These are the main aspects on CSR activities of firm need to based for attaining desire goal successful as well as attracting more and more customers, clients, investors , media and many more. Corporate social responsibility allow a company to adopt positive changes which increase their market value as well as profitability ratio successfully (Kimand Park, 2020). Through CSR activities or practices a company able to build trust, encourage social change, raise awareness, support to reducing poverty, help in education and so on. There are several corporate social responsibility activities which is conducted by a company in order to support local communities and society, from which some main corporate social responsibilities are mentioned below:- Minimize carbon footprints – In respect of this, an organization management will conduct practices or operation which help them in minimising the carbon footprint at their workplace. In context of this they may conduct several practices such as select appliances which are energy efficient, conduct regular maintenance of heating as well as cooling systems and many more. Improve policies for labour – According to this a company need to develop or improve their policy, rules and regulation properly, while this they need to consider that those policies must be based on need as well as requirement of the labour (Four Types of
Corporate Social Responsibility,2020). This is so because through that they able to conduct their work in effective as well as appropriate manner. Moreover this will also increase company goodwill at the marketplace successfully. Do charity – In context of this CSR practices a company can do charity or donation for the schools, hospitals, disable NGO, normal NGO and many more (Kim and Austin, 2019). This is so because through charity a company able to attract more and more audiences which may be stakeholder, investors, local public and many others. Participating in fair-trade – According to this it is essential for a company to conduct fair trade as well as it is essential for management to ensure that all the members of the workplace are conducting fair trades in successfully manner. Moreover through this types of practice an organization able to motivate and retain employees as well as it also help in increasing market value. Provide education support – In respect of this, an organization may support to the privileging children because through this practice of CSR they able to attract local community which support them for conducting business (Kucharska and Kowalczyk, 2019). In addition to this an organization may also provide training as well as pre placement offer in order to enhance their leaving standard impressively. These all are the main corporate social responsibilities practices which are conducted by a company as well as through these activities they able to attain their desire goal as well as objective successfully. What are the impacts of corporate social responsibilities activities on Unilever and on its partnership in overseas market? As per the perspective of the article publish at the Brian Hill, 2019, in current time it is essential for each and every company to conduct CSR (corporate social responsibilities) activities because through it they able to attain their numbers of desire goals. That will include increase in sales, profit, market value, customer attraction and many more. In addition to this it will also impact on the partnership of a company as every firm want to conduct partnership with that company which has effective market value as that will also help them in growth of business successfully (The Impact of Corporate Social Responsibility on Organizational Stability,2020). In respect of the Unilever they conduct numbers of corporate social responsibility practices such as leads to women empowerment according to which they teach local community women so that they can
do basic work as well as know their rights and value. Moreover respective company also conduct donation, sponsorship and charity at the different programmes, school, college and hospital as through this they able to attract media, society and government in effective manner. In addition to this, these activities or CSR practices of Unilever help them in attracting more and more firms who want to become the respective company partners this will help them in increasing their market value as well as profitability ratio in successfully manner (Mahrinasari, 2019). Along withthis, effectivecorporatesocialresponsibilitiesactivitieshelprespectivecompanyin attractingpartnersaswellasthroughwhichtheycanopennewaswellasinnovative opportunities for the business growth. Moreover, when respective company conduct partnership at the national as well as international level they able to increase their market shares as well as they also able to increase their customer base which directly leads to increase in sales and profit (Nguyenand et.al., 2020). Unilever corporate social responsibilities help in enhancing their reputations at the marketplace through which they get more effective partners which help them in attaining desire goal as well as objective successfully. What are the different CSR practices Unilever may adopt for attracting more partners at overseas markets? As per the view point of Marc violo, 2020, according to author there are numbers of corporate social responsibilities which a Unilever may adopt in order to attract more and more positive promotion of their brand. There are numbers of corporate social responsibilities which are conducted by Unilever which help them in attaining their desire goal by attracting more and more investors as well as people toward them. By conducting effective CSR activities respective company also able to develop their effective market goodwill as well as value which generate opportunities for them related to the growth. Currently respective company is conducting numbers of corporate social responsibilities activities or practices such as generate opportunity for the women so that they being employed by conducting work as well as knowing their rights properly (25 companies carrying out corporate social innovation, 2020). Moreover they also develop proper strategies related to the fairness in the workplace by which their employees feel motivated as well as encouraged which leads to attainment of desire goal and objectives in successful manner. Respective company also use sustainable sources so that nature not get harmed as well as they also use water supply according to the their usage in order to avoid its wastage. In addition to this respective company also focus as well as promote the green house
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gases as that will help them in supporting environment effectively(Nguyenaand et.al., 2020). Furthermore,in respectto thisrespectivecompanyusesolarsystemconductrain water harvesting system and many more. In addition to this, they must also conduct different workshops in which they aware people about the respective virus and how they can prevent themselves from it as well as they can also distribute marks, sensitizer, food and other products which are essential at the respective time. It is so essential to conduct corporate social responsibilities as that will help them attracting more and more customers. Moreover, it also increases respective company market value and image successfully through which they can easily enhance as well as conduct their business at the overseas market effectively. Research Methodology Research methodology is considered as method or technique through which researcher able to gather authenticate as well as reliable information, statistics and data related to the specific topic(Sahaand et.al., 2020). The researcher of respective project conducts analysis on the impact of CSR activities on the partnership of a company at the overseas market. In respect of this, project manager gather information related to it by using different methods which are mentioned below:- Research methods It is considered as method according to which researcher is planning to conduct their research work so that they will attain the desire goal as well as objective successfully. There are main two methods which can be implemented by the project manager such as qualitative method as well as quantitative method. In respect of quantitative method, by this researcher able to gather information in the statistical or numerical form as well as these is pre determined. For this methods used are questionnaire, observation and so on. On the other hand, in qualitative method researcher gathers information which is in text and image form. This will include methods like open end questions, analysis of books, articles and so on. In respect of respective research project manager is adopting qualitative method and in respect of this they gather information from existing sources. The main reason behind this is that because through this they able to gather summarized information which help them in attaining the desire outcome in effective manner.
Research rationale The rationale of research will include information related to the effectiveness of the research topic on which project manager is conducting research. This will help investigator to understand the aspects as well as effectiveness of their research topic. In respect of respective research, project manager is conducting evaluation on the impacts of CSR (Corporate social responsibilities) activities of a company on its partnership in overseas market. Through this they want to determine how corporate social activities of a company attract others like investors who get encourage to become partner of that firm(Tamvada, 2020). This will generally happen because when an organization conduct CSR activities they able to develop as well as maintain their goodwill in the marketplace which attract others from international and national level along with this it encourage to become partner. Research design Research design is considered as whole strategies and plans which a project manager will select for integrate the different aspects of the research in logical as well as coherent manner. Through this they want to address the problems related to the research along with this it also include a blueprint for conducting collection, evaluation as well as analysis of information related to the research topic (Yeand et.al., 2020). There are several elements of the research design which a researcher need to follow for getting proper outcome such as descriptive, causal comparative and experimental. In respect of respective research project, project manager is adopting comparative research design because it is based on the secondary method which help researcher in gathering more authenticate as well as reliable information in effective manner. Data collection method It is considered as method which is adopted by researcher in order to gather most authenticate as well as reliable information related to the project. There are main two methods of data collection i.e. primary method as well as secondary methods. Secondary method is considered as information or data which is gathered by researcher from the existing sources such as online as well as offline blogs, articles, books, newspaper and many more. The respective method provides authenticate information in the cheap or less expensive manner. So secondary method which is effective as well as helpful for gathering authenticates information. In addition to this, secondary method help a project manager in conducting their work in effective as well as
proper manner and in limited time as well as funds. Due to this researcher of this research adopt secondary method in order to gather information related to topic successfully. Limitation of research While directing an investigation a researcher experience a few good and bad times, here bad times are considered as impediment that they confronted while leading their activities just as capacities identified with the exploration work. In regard of this research project, investigator encountered a few impediments which are identified with accessibility of legitimate assets just as an ideal opportunity for achieving of examination in powerful way. In addition to this, they likewise confronted issues identified with under experienced partner because of whom they are confronting issues or challenge which gathering data for getting appropriate result effectively. Moreover, due to lack of resources, time as well as under experienced team member’s respective research project manager not able to conduct its allotted work in best manner which directly affect their research outcome negatively. Data analysis Theme 1 – Information about the corporate social responsibilities According to theanalysis of above mentioned literature review, social responsibility is considered as achieving the sustainability. In this there is adaptation of key principles of social responsibility i.e. accountability as well as transparency that help in ensuring long term success andviabilityofafirmoranysystem.Inyear2010,theinternationalorganizationfor standardization (ISO) introduced an international standard i.e. ISO 26000, in order to help companiesassessaswellasaddressitssocialresponsibilities(WHATISSOCIAL RESPONSIBILITY?, 2020). According to the guidelines on the social responsibilities mention in ISO 26000 – 2010 social responsibility is defines as responsibility of a company which impacts on their decision as well as activities related to the society as well as environment by applying ethical and transparent behaviour which include several points, that are mentioned below:- Always consider the expectation of the stakeholders. Contribute to the sustainable development that will include welfare of society as well as health support.
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It must compliance along with the application of laws as well as consideration with the international norms of behaviour. This must integrated with the company as well as practices in their relationships. Figure1The Business Case for Social Responsibility and Quality Source:WHAT IS SOCIAL RESPONSIBILITY?, 2020 In this a company can attain the sustainability by paying proper attention to its impact on environment as well as society. According to this behaving in the transparent and ethical manner help firm that ensure an approach or method will help in attaining the long term succession of environment as well as society. In addition to this, another aspect of triple bottom line is considered as people, profit and planet. In this it is considered that attaining profit didn’t require harming to planet or to exploitation the people in society.An organization can attain business growth and increasing profit by taking care of the people or society as well as planet. Furthermore, as per the article published on Grant Thornton, 2014, there are several corporate social responsibility practices which a company conduct related to the society as well as environment. From the several activities of CSR mostly companies of involve with different activities such as local charities by donating the products, services, time or money. In respect of this business unit may also conducting activities in order to reduce its environmental impact
which enhance numbers of calculation related to the carbon footprint of its operation and practices. Figure2Main CSR activities Source:Trends in corporate social responsibility,2020 In respect of United Kingdom market, there are numbers of corporate social responsibilities which are drawn from the senior executives from every industry in the mid market businesses, the primary key drivers of corporate social responsibility are cost management, public attitudes or building brand, recruiting or staff retention, client or customer requirement and many more. Moreover according to data gathered by Grant Thornton IBR 68 percent people or companies donate money to the community charities or cause as well as according to 65% they participate in the community or charity activities. In addition to this according to 65% companies they improve energy efficiency or conduct waste management activities and in respect of 53 percent they donate products or services to the charitable company. Theme 2 – The primary practices of CSR a company may adopt at potential market As per the analysis of information discussed in the literature review, around the world there are numbers of companies operating at the large level as well as they conduct several corporate social responsibilities activities because through that they able to grow business
successfully. Around the world, big company conduct innovative as well as corporate social responsibilities through which they able to support society and environment successfully. Below some of the main companies as well as their corporate social responsibilities are mentioned that can be adopted by other firm for enhancing their market value:- Deloitte – The respective company management develop strategies as well as plans in order to promote the societal changes and for promoting the environmental sustainability. In respect of this a company conduct working on the innovative solution or ideas with non profit organization as well as government firms. In respect of this they mainly encourage its staffs to donate it’s time for promoting bono work. 3 M – The respective company along with their 90000 employees has adopted science applied to life and they conduct trademark of it. According to this, respective company develop a program named 3MGives along with the fund of $ 67 million in 2016. This program is mainly focuses on the initiatives which related to community, environment as well as education in order to boost interest of students among the science and technology. Cisco – The corporate social responsibility program conducted by respective company is making use of firm’s technology as well as resources in order to aid the underserved communities. It will include communities on the basis of area such as education, economicempowerment,andhealthcareaswellasdisasterrelief.Therespective company set the goal in order to impact 1 billion individual by 2025 effectively as well as positively. Apple – respective firm is one of the leading firms in the technology sector and this firm take global responsibilities very seriously. One of the primary aspects of the respective company corporate social responsibility is environment which is based on the mission of ask less of the planet. Apple also names as the greenest tech company in the world by Greenpeace. In addition to this respective company not only encourage its IT partners to take advantages of renewable energy as well as they their 99 percent of packaging material are recycled paper products. Thesearesomeofthemaincorporatesocialresponsibilitiesactivitieswhichare conducted by large company as well as these can also be adopted by other company in order to support society as well as environment effectively.
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Figure3Top 5 company in list of CSR Source:Amazon Tops Apple in Corporate Reputation Ranking [Chart], 2020 According to the above data it can be determined that around the world amazon.com is conducting more effective corporate social responsibility activities as well as apple is ranked at the second position. The respective data is based on the Harris Poll RQ study that is conducted at the 2013. Theme 3 – The effects of corporate social responsibilities activities on Unilever and Its partnership in overseas market According to the point of evaluating the information mentioned in literature review, in current time it is basic for every single organization to direct CSR (corporate social duties) exercises in light of the fact that through it they ready to achieve their quantities of want objectives. That will remember an expansion for deals, benefit, market esteem, client fascination, and some more. Furthermore, it will likewise affect the association of an organization as each firm needs to direct an association with that organization that has powerful market an incentive
as that will likewise help them in the development of business effectively (Four generally secret advantages of CSR for colleagues, 2020). In regard of Unilever, they direct various corporate social obligation practices, for example, prompts ladies strengthening as per which they show nearby network ladies with the goal that they can accomplish essential work just as know their privileges and worth. Besides, individual organizations likewise direct gifts, sponsorship, and good cause at the various projects, schools, universities, and emergency clinics as through this they ready to draw in media, society, and government in a compelling way. What's more, these exercises or CSR practices of Unilever help them in drawing in an ever increasing number of firms who need to turn into the particular organization accomplices this will help them in expanding their fairly estimated worth just as productivity proportion in an effective way . Figure4Corporate Social Responsibility (CSR) strategies Source:The Incorporation of Corporate Social Responsibility Into Public-Private Partnerships for Sustainable Development. Why incorporate CSR into PPP for sustainable development?, 2020 In respect of respective image it can be determined that when a company management conduct corporate social responsibilities they able to attain numbers of benefits as that leads to growth of business successfully. From that the main benefits attain by a company by conducting CSR
practices are related to increase in customer’s base, profitability ratio, sustainability at potential market, market shares and many more. In addition to this it will also help a company in attracting more and more investors or partners from the overseas market which leads to development of business successfully and effectively. Through this company also able to increase their market share as well as presence through the partnership. Theme 4 – Different CSR activities Unilever may adopt for attracting more partners at the overseas market As per the analysis of information discussed in the literature review, there are various corporate social obligations that are led by Unilever which help them in achieving their longing objective by pulling in an ever increasing number of financial specialists just as individuals toward them. By directing compelling CSR exercises separate organization likewise ready to build up their viable market generosity just as a worth that creates open doors for them identified with the development. As of now, the particular organization is directing various corporate social duties exercises or practices, for example, create open doors for the ladies with the goal that they being utilized by leading work just as knowing their privileges appropriately (Together we can change the manner in which the world works together, 2020). In addition, they likewise create legitimatesystemsidentifiedwithdecencyintheworkenvironmentbywhichtheir representatives feel propelled just as urged which prompts the fulfillment of want objectives and goals in an effective way. Individual organizations additionally utilize economical sources so nature not get hurt just as they likewise use water gracefully as indicated by their utilization so as to keep away from its wastage. Notwithstanding this particular organization center just as advance the ozone harming substances as that will help them in supporting nature viably.
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Figure5CSR activities of Unilever Source:Unilever CEO Paul Polman’s Plan to Save the World,2020 According to above image it can be determine that Unilever offer numbers of products a single brand name as well as they also opt for the numbers of corporate social responsibilities activities which help them in support community as well as environment in successful manner. In respect of this they introduce lifebuoy total hand wash which is offer at the affordable rate so that every person around the world can maintain proper hygiene and safety. In addition to this, dove body wash container is made up of special technology in which plastic usage is less as compare to the other product. Conclusion Through evaluating above mentioned topics in the research it can be determine that in current time it is essential for every company to conduct corporate social responsibilities activities because through that they able to attract more and more audiences which leads to business growth. Along with this, CSR activities also leads to several other benefits for a company such as through it they able to attract media, government and investors which directly
leads to successful growth of business in effective way. Moreover through CSR activities or practices an organization mea increase their goodwill, market value, market shares and so on. Corporate social responsibility is determined as the technique or method by that an organization can attain a social as well as environmental imperative which is directly linked with the Triple bottom line approach. There are numbers of social and environmental issues on which a companymayfocusforconductingCSRpracticessuchastheyconductenvironmental management, conduct eco friendly activities by adopting eco friendly products or resources, adopt social equity and gender balance, promote human rights, and conduct anti corruption measures. In addition to this, other activities related to it are adaptation of good governance, human rights, employees as well as community relations and many more. Moreover, when an organization conducts corporate social responsibilities activities they able to remove negative factors related to them at the market as these activitieshelp in increasing brand image successfully and effectively. Furthermore, by conducting respective research it can be determine that there are numbers of corporate social reasonability activities that an organization may adopt in order to support local society as well as community in effective manner. In respect of this a company may adopt methods through which they can minimize carbon footprints because that will help in protecting environment as well as surrounding successfully. Along with this, by improve the policies for the labour a company able to support the labour and their employees which is also considered as CSR activities which help in increase goodwill and market value at the marketplace. According to the research, an organization may also conduct charity for needy people, schools, NGO’s, hospitals, colleges and many more. This will help in attracting people as well as it also increase their value at the market which aid in expanding business successfully at the overseas market. In addition to this, a company may also conduct activities planning trees, provide water supply to nearby locality and many more as that is also determined as corporate socialresponsibilitiesactivitiessuccessfully.Throughabovementionedpointitcanalso determine that it is fundamental for every single organization to lead CSR (corporate social obligations) exercises on the grounds that through it they ready to accomplish their quantities of want objectives. That will remember an expansion for deals, benefit, market esteem, client fascination, and some more. Furthermore, it will likewise affect on the organization of an organization as each firm need to lead association with that organization which has viable market an incentive as that will likewise help them in the development of business effectively.
Recommendations By conducting analysis of above mentioned points it can be determined that there are several factors which need to considered by project manager for getting more effective outcome as well as there are several recommendation for the both project manager and company. This is so because through it both able to conduct their work or practices in effective manner as well as it also aid in attaining the desire goal and objectives in successful manner. The respective report is based on the corporate social responsibilities activities and its impact on the partnership at the overseas market. Below some of the recommendations are given in respect of company as well as project manager:- It is recommended to the project manager of respective research that they must conduct their activities in more planned manner because through that they able to ensure that all the project related activities will conduct properly as well as it also help in ensuring all practices of procedure are conducted properly. For Unilever it is essential to conduct corporate social responsibilities activities because through that they able to increase their market shares by supporting local communities and environment. This will also aid in attracting more and more investors or partners because other company want to conduct business with those firm who have effective market status and image in specific potential market. For the respective research project manager it is essential to gather information or data through the ethical sources because that will help in ensuring that collected information, statistics or data are authenticate as well as reliable to the topic. In addition to this, when a researcher follow all the ethical term while gathering information related to the topic they able to ensure theirno members of team conductedillegal activities for gathering data. For respective company management there are numbers of options related to corporate social responsibilities such as they may adopt for solar energy for generate electricity at the store. Through this they able to save or minimise the expenses related to electricity bill as well as it also help in promoting more positive aspects related to company which attract partners, investors, customers, government and media successfully.
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It is also essential for respective research project manager to train their team members before starting the research work. It is so because when people get training they get to know the best way to conduct specific work as well as it also leads to the situation when there is minimum error. These are the main recommendations or suggestions for the researcher as well as company so that they enhance their work performance as well as procedure. Moreover it also helps in both of them to attaining their desire goal as well as target in successful manner.
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