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Management and Corporate Social Responsibilities (CSR) in Bovis Home Group Plc : Report

   

Added on  2020-07-22

13 Pages3584 Words59 Views
ETHICS ORGANIZATIONS

Table of ContentsTASK 1 – Responsible Management and Corporate Social Responsibilities (CSR) in The Bovis Home Group Plc.....................................................................................................................................................3Task 2 – Ethical theories and their Importance in the Organization.............................................................5Types of ethical theories. .......................................................................................................................6Task 3 Issues faced by the Bovis Home Group PLC..................................................................................7Stakeholders affected by the issues in adopting Corporate social responsibilities and Ethics in the Business..................................................................................................................................................9TASK 4 - Importance of Corporate Social Responsibility and Steps to become an Ethical and Responsiblecompany -..................................................................................................................................................10Strategies for the Bovis Home Group PLC to be an Ethical and responsible company .......................11CONCLUSION.........................................................................................................................................11REFERENCES..........................................................................................................................................13Books and Journals...............................................................................................................................13

INTRODUCTIONThe report is about the corporate social responsibilities(CSR) and ethics a buildingorganization should follow and adopt. An organization need to research the areas likeEnvironmental sustainability, Responsible Human resources and Ethical Supply chains. Thereports state that how these areas are important for all businesses(Pedersen,2015). As a Ethic orCooperative Social Responsibilities consultant for the Bovis Home Group Plc, I would researchthe issues the organization in the various areas regarding the CSR and I would suggest someplans to the Bovis Home Group Plc for dealing with those issues and problems. The report also involves the importance of the social responsibilities within the corporateworld and how it affects the various organizations and how focusing on the corporate socialresponsibilities would result in a growth and development of the organization. The environment,Human resources and ethical supply chains are important for every business and it helps theorganization to maintain sustainability as well survival in the market(Cramer,2017).TASK 1 – Responsible Management and Corporate Social Responsibilities (CSR) in The Bovis Home Group Plc.The Corporate Social Responsibilities refers to the management approach inwhich an organization investigate cultural and territory concerns in their business activities andinteractions with the stakeholders(Walker and Kelly,2015). In order to maintain a scale betweeneconomic, territory and cultural imperatives, while at the similar time focusing on the hopes ofthe stakeholders and shareholders. The Bovis Home Group Plc should focus on the corporatesocial responsibilities as it is very important for the organization as well the community it isoperating their business. It is important to create a distinction between the Corporate socialresponsibilities, which can be a strategic and responsible business management thought , charityor sponsorship(Leipziger,2017).Advertising of the CSR needs motion that fit the needs and capability of the BovisHome Group which don't affect their economic property. CSR approach has been provenprospering element in the processing countries to helps in meeting cultural and environmentalstandards without settling their competitions (Lins,Servaes and Tamayo,2017). The Corporatesocial responsibilities can help the Bovis Homes Group to achieve the goal of respectable

planetary improvement by supplying lot ,more effective set of running objectives than justearning earnings. The appearance taken is for the Bovis Homes group can developsustainability, It can be financially secure, minimize its counter effects on the environment andactivity in correspondence with societal prospects. Their are various advantages of Corporatesocial responsibility for the Bovis Home Group which are mentioned below - Better brand recognitionIncreased sales and customer loyaltyGood business reputationBetter financial performanceCost reductionOrganizational growthAbility to attract talented staffResponsible Business Reputation – A responsible management and CSR if adopted bythe Bovis Home Group can help it to build a positive image as a liable business can lead tocompetitive benefits. Companies favors the supplier who have liable policies as it reflects onhow their customers sees them(Yakovleva,2017).Cost savings – By adopting CSR the organization reduces the resource use, waste andemissions, this can help the organization to save money as well as the environment. Thecorporate social responsibility approach can lower the utility bills and achieve the savings of thecompany on simple and easy steps(Choi and Moon,2016).Finding and keeping talented staff – The Bovis Homes Group should adopt the CSR as itcan help them to attract talented and skilled employees for their business. bearable businessmake it easygoing to recruit fresh employees or bear the active ones. Employees gets intended tostay longer in a sustainable business and therefore it helps the organization to reduce the cost ofrecruitment.Other benefits of a Responsible management and Corporate Social Responsibility byacting in a sustainable and responsible way -

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