BUSM3311 - CSR of Aristocrat vs CSR of Fortescue Metal Group
Added on 2020-03-07
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Running head: CSR OF ARISTOCRAT VS CSR OF FORTESCUE METAL GROUPCSR of Aristocrat vs CSR of Fortescue Metal GroupName of the StudentStudent ID:Name of UniversityAuthor Note
1CSR OF ARISTOCRAT VS CSR OF FORTESCUE METAL GROUPExecutive Summary:The companies have varied visions, values, CSRs and stakeholder groups based on theiroperations and industries. The assignment contrasts and compares between Aristocrat Limited,the international gaming company of Australia and Fortescue Metal Group, the large iron orecompany of Australia on the grounds of these criteria. The paper then goes onto the analyse theirvision statements, values and CSRs on the framework of SMART. The assignment also containssalient features of the industries to which the two company hail from. For example, the SMARTanalysis of Fortescue throws light on the risk factors like accidents and fatalities which areinherent to the mining industry. These indepth study of the various aspects of the two companiesand their industries have given the paper a firmer base.
2CSR OF ARISTOCRAT VS CSR OF FORTESCUE METAL GROUPTable of ContentsIntroduction:....................................................................................................................................31. A vision or mission statement:....................................................................................................3SMART analysis of values:.............................................................................................................5Specific:.......................................................................................................................................5Measurable:..................................................................................................................................5Achievable:..................................................................................................................................6Realistic:......................................................................................................................................6Timely:.........................................................................................................................................62. Values of the organisations:.........................................................................................................7SMART Analysis of the values:......................................................................................................7Specific:.......................................................................................................................................7Measurable:..................................................................................................................................8Achievable:..................................................................................................................................8Realistic:......................................................................................................................................9Timely:.........................................................................................................................................93. Corporate Social Responsibilities:.............................................................................................104. Stakeholders mentioned in the corporate statements:................................................................12Conclusion.....................................................................................................................................12References:....................................................................................................................................13
3CSR OF ARISTOCRAT VS CSR OF FORTESCUE METAL GROUPIntroduction:The aim of the paper is to compare and contrast between the vision, values, CSR andstakeholders’ mention in the corporate statements of two business organisations. The twobusiness organisations chosen for the study are Aristocrat Limited, the international gamingcompany housed in Australia and Fortescue Metal Group Limited, the iron mining giant ofAustralia. The first section compares the vision statements of the two companies and analysisthem on the basis of the SMART model. The second section delves and contrasts between thevalues of the two business organisations followed by a SMART analysis. The third sectionstudies and compares the CSRs of Aristocrat and Fortescue leading to a SMART analysis. Thefinal section compares between the stakeholders mentioned in the corporate statements of thetwo companies.1. A vision or mission statement:The vision statement of Aristocrat Limited is to cultivate world class gaming andgambling experience for the players from all round the world. The company is an Australianpublic limited company listed on the Australian Stock Exchange and present all over the world.The company’s vision statement reveals it intention to provide the best gaming products to itsgeographically dispersed consumer bases. It aims to provide them with most enjoyable gamesand interaction processes which employ modern technology (aristocrat.com. 2017).
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