Approaches to CSR in Micro, SME, and Corporate Businesses

Foundations of business
communication

Table of Contents
INTRODUCTION...........................................................................................................................1
PART 1............................................................................................................................................1
Introduction or summary........................................................................................................1
Sustainable approach to business strategy and management in order to operate businesses in
ethical and sustainable manner...............................................................................................1
Analyse approaches to CSR of micro, SME and corporate business and how businesses can
measure success in its CSR strategies....................................................................................5
Conclusion..............................................................................................................................7
References..............................................................................................................................8
PART 2............................................................................................................................................9
Reflective report on key skills development in problem solving area...................................9

INTRODUCTION
Businesses are refers to an economic activity that are used in making money through
buying and selling of goods and services in order to make better living of individual's. There are
several types of businesses like micro, SME as well as large scale that operates in a different way
and follow varied kind of strategies related to the corporate social responsibilities and engaged
their workforce towards their commitment and works. This will result in productivity as well as
profitability enhancement. In this report Argos Ltd. is chosen which is a British catalogue retailer
that operates in UK and Ireland. It was founded in 1972 with headquartered in England and it
deals in consumer goods through online and physical shops over 883 retail shops. Under this
report mainly focus on the individual report which contains sustainable approaches related to the
business strategies and management towards the attainment of organisational success in ethical
and sustainable way. Also, discuss about the CSR approaches of micro, SME and corporate
strategies and measures their success as well. Lastly, emphasise on the reflective statement on
the skill development towards problem solving skills.
PART 1
Introduction or summary.
In the individual report discuss about the several strategies and approaches related to the
operating business operations ethically as well as sustainably. Along with this, discuss about the
corporate social responsibilities within the context of micro, SME as well as corporate
businesses. Also, determine or measures companies success by applying CSR strategies or
approaches and justify appropriate conclusion on the individual report. As corporate social
responsibilities termed as a management approach that a company integrate with the social as
well as environmental concerns within a business organisation in order to operates functions as
well as interact with the stakeholders.
Sustainable approach to business strategy and management in order to operate businesses in
ethical and sustainable manner.
In order to manage a business organisation in an effective manner, they needs to adopts
several sustainable approaches as a strategic plan that helps in performing business operations in
a an ethical as well as sustainable way. This will result in the sustainable growth and
development along with the high profitability. Within the context of company Argos Ltd., they

believe in their own abilities in order to grow and expand in an international, dynamic as well as
competitive business environments. The company thanks to their appropriate management of risk
as well as social, environmental and economic opportunities for their sustainable growth and
expansion. The main aim of the company is based on creating values for company as well as
society that's why the sustainability of business is in the core of strategies and they highly
focused on their objective that is to create better sustainable value. In respects of Argos Ltd.
Several actions are targeted for the purpose of creating values for the firm and society which
helps in making possible to create own dreams which drives the entire development as well as
transforms lives (Sustainability Strategy, 2018). The sustainable approaches to business
management and strategies of company are as follows:
(Source : Sustainability strategies, 2018) Trust relationship: Trust refers to the situation that is directed to the future in which a
person is willing to rely on the actions of another party. In order to gain a sustainable
competitive advantages and perform operational activities in ethical manner a company
requires to build up a trustworthy relationships with their interest groups or stakeholders
because these are the members who increases the chances of high sustainability in the
market. Within the context of Argos Ltd., the relationship with the interest groups are
totally based on the mutual support and transparency. As they are fostering by continual
talking and collective construction that leads towards the accomplishment of their
common goals and objectives (Stoian, 2017). For example, if a company creates or
develop the trustworthy relations with their employees then they puts more contribution