Corporate Social Responsibility and Business Practices in UK Retail Sector: A Study on ASDA
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This research proposal focuses on the impact of corporate social responsibility on business practices in the UK retail sector, with a case study on ASDA. It includes a literature review, research methodologies, and aims and objectives.
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Research Methodologies 1
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Abstract This research proposal includes the major effective corporate social responsibilities practices within the business of UK. With the major approaches of CSR practices, company are able to achieve effective approaches for considering major changes in different sector. The use of CSR application within the organisation is helpful for generating effective techniques and growth in the current behavioural situation in UK. These strategies are helpful for the ASDA, for managing and growing their basic assumption to analyse their concepts and achieve higher standard within the market. There are different aspects to use SCR theme methods to achieve effective business environment for the appropriate market place and community. This research proposal is helpful for the researcher to analyse the behaviour and achieve the standards and objectives. 2
Table of Contents Abstract...........................................................................................................................................2 Title: How corporate social responsibility effect business practices of UK retail sector?..............4 Introduction......................................................................................................................................4 Research rationale.......................................................................................................................4 Aims and Objectives:..................................................................................................................5 Research Questions.....................................................................................................................5 Literature review.............................................................................................................................5 Research Methodologies.................................................................................................................9 Research Design..........................................................................................................................9 Data collection and analysis......................................................................................................10 Ethical issues.............................................................................................................................10 Validity and reliability..............................................................................................................11 References.....................................................................................................................................12 3
Title: How corporate social responsibility effect business practices of UK retail sector? Introduction The retail industry in UK market is gaining the one fifth operating services in the market and generating nearly 8% of the value added for employing more than 18 million people. One of the major characteristics of the retail industry are related to effective competitive firm and achieve the standard for analysing marketing strategies and achieve the related growth in market for the effective customer loyalty in their buying behavioural pattern. There are different pattern and changes has been analyse and research for the growth of the market. Due to the major changes and analysis in the retail industry in UK is helpful for generating higher amount of profit. This profit can be generated with the use to implement the plan for corporate social responsibilities. There are different factors and method which are used and analyse for the growth of the retail industry in UK. Location is the one of the most traditional and effective retail sector in the company, which has been proven for availability and reliability. This is helpful for considering the approach as the effective growth in this sector. The chosen company for completing this research is Asda Store Ltd., as it is one of the biggest British super market company in UK.It's headquarter is in Leeds, England. The company was founded in 1949 by Peter and Fred Asquith and their main operation is to work in retail industry and expand the business at international level(Dumitrescu, Hughner and Shultz II,2018). The company is serving at 632 location within the product range of grocery, General mechanise and different financial services(Lund-Thomsen, ,2020). Beside their core operational activities, Asda offer the financial and mobile phone services to their valuable customers. This report consist the use of CSR practices and growth to work and achieve systematic growth in the company practices. It is completed through research methodologies, aim and objectives and appropriate use of secondary research data. Research rationale The main reason for analysing the situation and use corporate social responsibilities for the growth and objectives of the company. CSR is the concerned activity which is helpful for generating effective techniques and make environmental, social, legal and economic behaviour for the effective business strategies. That are used within the organisation to achieve techniques 4
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in order to implement effective business practices. This is beneficial for the use and make effective different perspective and use theoretical framework in retail industry of UK. The major impact of the corporate social responsibilities are helpful for the green retailer that make the future growth in the company. All of the above mentioned points are helpful for generating effective techniques and make growth in the company. This strategy is helpful for the growth to work to used and achieve effective corporative social responsibilities to make an effective retail industry in market(Lund-Thomsen, ,2020). With the help of this research, the researcher are able to utilised the meaning of corporate social responsibility in the terms of appropriate theory, methodologies and appropriate applicable data in modern retail industry. Aims and Objectives: Aim:Main aim of this research is "To identify the effects of corporate social responsibility on business practices of UK energy sector: A study on ASDA” Objectives: To develop basic understanding about the corporate social responsibility To evaluate the business practices of ASDA within UK retail industry. To determine the relationship between corporate social responsibility and business practices of ASDA. Research Questions What is the meaning of corporate social responsibilities in an organisation? What are the major business practices that has been used by ASDA? What is the relationship used in Corporate social responsibilities and different business practices of the company. Literature review To develop basic understanding about the corporate social responsibility As per the view of Scholley, (2021); Many of the businesses, that are using practices for the corporatie social responsibilities in order to improve community and economy on the environment. Corporate social responsibilities is a type of company's self-regulation with achievementofaimandobjectivesinsociallyaccountableforthecompany.Different companies has their different practices which are helpful for the use of right way in order to achieve environment friendly practices(Landon-Lane, 2018). All of these policies are related to 5
work and make systematic changes in an effective conscious environment and used growth of the organisational aspects. This is helpful for the growth to work and make systematic changes in the economy of the company. The use of CSR responsibilities are helpful for generating effective techniques and expand the business activities. There are different ways and method are analysis for the growth of customer, employees and stakeholders of the company. With the help of robust the corporate social responsibilities polices is helpful to make opportunities for the good and effective corporative relation. Core research methods are helpful for analysing effective CSR policies. The next generation is related to effective business performance to focus on the growth and achieve appropriate growth in the stronger world (What Is Corporate Social Responsibility?, 2021). There are four type of corporate social responsibilities which are helpful for the effective business practices. These are related to: Environmental effects:The primary focus on the activities are helpful for considering CSR activities and achieve different environmental factors. Many of the businesses have their carbon footprints that actually depend on the growth of the company. With the help of reducing carbon footprints that help the company can use beneficial activities that are good for company and their employees as well. Philanthropy:This is related to using social corporative practices by using money, products and services for the cause of social responsibilities(Frei, Jack and Krzyzaniak,2020). Most of the companies are working with social ethics and make non-profits for using appropriate major changes. All of these are related to work and make changes within the company to achieve and analyse the usefor the significant aspects. With the help of proper time, money and products donation the company can help many of the people effectively. Ethical labour practices:CSR activities will be related to different factors and helpful for treating employees in an effective and ethically democratic major CSR abilities. This is essential for the growth of the company for effective businesses location with the major impact in UK(Muda, Sidauruk and Siregar, 2018). These activities are helpful for completing effective techniques and achieve the role within the appropriate labour practices in the company. Volunteering:Participating in social ethics are useful in different business activities that are helpful for the company to analyse the role and show the sincerity level within the company. All is related to achieve something when the company provide their time and concern for the 6
society. Most of the big companies are helpful for generating effective techniques to adopt CSR practices. 7
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To evaluate the business practices of ASDA within UK retail industry The company is using effective policies which are helpful for using effective encompass and make communication strategies for the growth and achievement of company. In order to manage their relationship with effective businesses communication, Asda make five year business strategies. For creating clear and compelling effective with visual language for the growth of essence to make strategies in engaging and inspiring growth within all the employees. Asda has their own compliance with effective challenges and make tone for effective colleagues and partners in an appropriate manner. To analyse different behavioural concepts for the differentmanagementwith integrityand complyingstrategiesinthe managementof the company. There are different aspect of Asda, which help the them to make highest standard for ethics. The management team of Asda is always try to work and make effective standard to analyse the ethical concepts and rarely speak about the inappropriate structure(Sharma and et. al.,2020). Most of their HR practices are helpful for generating an effective techniques and adopt the use for make appropriate investigation, disciplinary action and achieve appropriate growth in the different type of activities. Asda is usingzero-toleranceapproach that is useful for bribery and execute the deductive programme for the designed and informative programmes. The company is use to make effective anti-corruption team to analyse the major changes for drive and used an improvement in the different programmes. As these programmes are helpful for risk assessment, due diligence and make appropriate activities for the growth of environmental aspect in the company. They are helpful for generating and monitor their programmes and start their working style for managing the need for their regular basis. The company is needed a focus on make competition for the growth and achieve basic applicabilities in Groceries supply code of practices for increase in annual turnover. After analysing these company are applying their Covid-19 issues with the changes in customer and colleagues safety process(Mun and Jung,2018). This is a rigours approach for the safety and measure of the company to analyse effective Covid-19. The company are able to analyse major challenges for considering the approach and an effective job roles in the risk of appropriate growth in the company. Asda is looking for the growth in long run perspective that is helpful for analysing systematic changes and adopt the right way for analysing effective growth and achievement in market. There are some positive and negative changes are used to work in climatic change 8
condition that actually help in restoring the valuable amount in market. Some of the major steps and practices are related to; 44% reduction in carbon footprints in 2020. further, nearly 98% of the employees are able to work and make food redistribution in between the 2018 to 2019 aspect in the company. Whereas, removal of more than 9330 tones plastic bags are helpful for the company to renowned the brand and achieve sustainable growth in the firm (Ethics and Compliance Programme, 2021). All of these activities are helpful to gain information to make changes in the company for analysing different businesses practices in the environment. To determine the relationship between corporate social responsibility and business practices of ASDA This is very important for the companies to work and use an effective relationship in between the CSR and businesses practices. As these two are interlinked with each other and make sure for analysing effective liberalisation that must be helpful for fundamental shift and philanthropy in the businesses practices in market. Asda business practices, focus on ethical businessespracticesandachievethestandardforhighgrowthandcompatibilityinthe governance for the growth in effective performance abilities(García‐Sánchez,2020). This is helpful for the company to work and make suitable challenges for rebuilding the behaviour and make effective confidence by increased transparency for the growth in financial and non- financial information. Further these two department are helpful for build up the image, and high reputation within the companies to achieve successive growth in the firm. There are different stakeholders who are using a balance for maintaining to analyse strong market growth for changing environment in the company. With the help of appropriate social needs and values are helpful for analysing the situation and make constant growth in changing environment. It is helpful for managing and growing the sustainable development practices in adopted technologies for using integrated growth in business activities of ASDA (Chaudhary, 2020). The use of corporate social responsibilities is helpful for managing and growing aspect to use an effective business activities. That are helpful to analyse the role of environment, social welfare and air pollution related issues. It has been related to work under the performance of major changes through the concepts and industry for the growth in CSR changes in ASDA. All of these activities are helpful in the growth of the company and make important challenges and component for analysing the public relation and activities in the addressing issues of company's policy (TYPES OF CORPORATE SOCIAL RESPONSIBILITY TO BE AWARE, 9
2021). These activities are helpful to make an impact on the Asda to analyse the review, perform effective customer strategies, use appropriate marketing tactics and using most common process for CSR. All is basically helpful for managing changes to work and make social responsibilities for the growth in socially responsible changes in different ways and growth in future aspect of the company. Research Methodologies Research Design Research Philosophy:This is refer to the different belief factors and concern nature for the investigated project in the research. Philosophies is related to the nature and theory of the knowledge on which the researcher is going to conduct the research. Three main research philosophies are ontology, Epistemology and Axiology. Here, the researcher use epistemology research philosophy. This include positivism and interpretivism, these both are related to the effective strategies and understanding of the knowledge related to subject. Researcher, use positivism philosophy because it will be helpful for gaining knowledge that is based on exists and studied factors(Colaço and Simão, 2018). Whereas, interpretivism philosophy is related to focus on the individual thought and participates for analysing the situation in different factors. Research Approach:Researchapproach is helpful for implementing research in real world and use right approach for choosing right method in order to complete research. There are two main research approaches that have been used by the researcher that is related to Deductive and Inductive approaches. The deductive approach is helpful for using in a pre-existing theory and formulate as per the significant aspect to test the research objectives. Whereas, inductive approach is helpful for create a theory and adopt a pre-existing approach in an appropriate manner. This approach is helpful for a qualitative research methodology(Araña and León, 2021). Researcher use, deductive approach as this is helpful for conducting quantitative method and analyse the data. That data is able to gather information and achieve research objective and make effective research process for analysing the material in an effective manner. Research strategy:The research strategies is helpful for conducting research, and examine the result with experiment and surveys. There are different strategies which help the researcher to conduct the methodologies and achieve research objectives in different manner. Experiments, Survey, Case study and action research are the major examples of using an 10
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appropriate research ways. To completing this research, researcher is able to conduct survey and achieve appropriate ways for analysing research. Survey is one of the finest and economical strategy for completing research strategy(Yeo and Carter,2018). In order to collect the data, researcher use questionnaire for contributing effective variables and make research data. These strategies are helpful for considering appropriate approaches and make changes in the activity to analyse the role and achieve appropriate growth in the businesses activities. Data collection and analysis Data collection method:With the help of data collection and analysis method, the researcher are able to analyse the data and make selection of appropriate techniques in an effective manner. This is related to two main approach which are used to collect research quantitative and qualitative research method. Here, the researcher use quantitative research methods to analyse primary and secondary data collection. For the use of primary data, researcher use questionnaire and sampling. Further, for the use of secondary data collection, researcher use, online data, books, journals and articles(Arminen and et. al., 2018). These two data collection method are related to each other in different ways and characteristics. Which are helpful for gaining more collective information to work and make systematic changes for analysing growth in the future activities of this research. Procedure for data collection:In order to complete the effective research project, the researcher opted primary and secondary data method. For this they are using effective frequency distribution channel to complete the method in an effective manner. The major methods are related to work and achieve data collection, with the help of questionnaire and sampling method. Sampling is a systematic action which is used for taking samples for analysing something. This is helpful for using effective data collection way and gather the primary data in an appropriate way. For this, researcher choose 30 sample size and the respondent are the employees mainly the manager and leaders of the Asda. Ethical issues Research is the pillar of knowledge and its components are the integral part of the progress. As this is the responsibilities of the researcher to analyse data effectively and does not conduct the misbehaviour, misleading statement and may not cause of the omission in different factor(Uyar, Karaman and Kilic, 2020). There are different ethical consideration are helpful for 11
completing effective changes and achieve appropriate major challenges in the company. These methods are helpful for generating effective standards and achievement. Validity and reliability This is the process which help the researcher to aspect and make overall reliable and valid data. This is related to achieve effective validity and reliability for the extent use of technologies to measure the quantitative study. For this the researcher use questionnaire method that is helpful for completing project(Breuer and et. al., 2018). This method provide the reliable and valid data for completing research project and work effectively in the firm. 12
References Books and Journals Dumitrescu, C., Hughner, R.S. and Shultz II, C.J., 2018. Examining consumers' responses to corporate social responsibility addressing childhood obesity: The mediating role of attributional judgments.Journal of Business Research.88.pp.132-140. Lund-Thomsen,P.,2020.Corporatesocialresponsibility:Asupplier-centered perspective.Environment and Planning A: Economy and Space.52(8). pp.1700-1709. Landon-Lane,M.,2018.Corporatesocialresponsibilityinmarineplasticdebris governance.Marine pollution bulletin.127.pp.310-319. Muda, I., Sidauruk, H. and Siregar, H.S., 2018. The Effect of Corporate Social Responsibility on Company's Value with Common Effects Model (CEM), Fixed Effects Model (FEM) and Random Effects Model (REM) Approaches (Empirical Evidence in Indonesia Stock Exchange).Quality-Access to Success.19(165). Sharma, A. and et. al.,2020. Investigating the impact of workforce racial diversity on the organizationalcorporatesocialresponsibilityperformance:Aninstitutionallogics perspective.Journal of Business Research.107.pp.138-152. Mun, E. and Jung, J., 2018. Change above the glass ceiling: Corporate social responsibility and gender diversity in Japanese firms.Administrative Science Quarterly.63(2). pp.409- 440. García‐Sánchez, I.M., 2020. The moderating role of board monitoring power in the relationship between environmental conditions and corporate social responsibility.Business Ethics: A European Review.29(1). pp.114-129. Chaudhary, R., 2020. Corporate social responsibility and employee performance: a study among indianbusinessexecutives.TheInternationalJournalofHumanResource Management.31(21). pp.2761-2784. Colaço, R. and Simão, J., 2018. Disclosure of corporate social responsibility in the forestry sector of the Congo Basin.Forest Policy and Economics.92.pp.136-147. Araña, J.E. and León, C.J., 2021. The role of tour‐operators as intermediaries of tourists' preferencesforcorporatesocialresponsibility.InternationalJournalofTourism Research.23(4). pp.465-477. Arminen, H. and et. al., 2018. Corporate social performance: Inter-industry and international differences.Journal of Cleaner Production.177.pp.426-437. Uyar, A., Karaman, A.S. and Kilic, M., 2020. Is corporate social responsibility reporting a tool of signaling or greenwashing? Evidence from the worldwide logistics sector.Journal of Cleaner Production.253.p.119997. Breuer, W. and et. al.,2018. Corporate social responsibility, investor protection, and cost of equity: A cross-country comparison.Journal of Banking & Finance.96.pp.34-55. Yeo,A.C.M.andCarter,S.,2018.CORPORATESOCIALRESPONSIBILITY INTERVENTION:ACATALYSTTOSMALL-MEDIUMENTERPRISE EMPLOYEEENGAGEMENT.PsychosociologicalIssuesinHumanResource Management.6(1). Frei, R., Jack, L. and Krzyzaniak, S.A., 2020. Sustainable reverse supply chains and circular economy in multichannel retail returns.Business Strategy and the Environment.29(5). pp.1925-1940. 13
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Online EthicsandComplianceProgramme,2021.[Online].Availablethrough: <https://www.asda.com/creating-change-for-better/better-business/ethics-and- compliance>. TYPES OF CORPORATE SOCIAL RESPONSIBILITY TO BE AWARE, 2021. [Online]. Available through: <https://online.hbs.edu/blog/post/types-of-corporate-social-responsibility>. WhatIsCorporateSocialResponsibility?,2021.[Online].Availablethrough: <https://www.businessnewsdaily.com/4679-corporate-social-responsibility.html>. 14