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Corporate Social Responsibility: Challenges and Strategies

   

Added on  2022-12-30

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Preparing for a
Professional Career
Corporate Social Responsibility: Challenges and Strategies_1

Table of Contents
INTRODUCTION ..........................................................................................................................3
PART 1............................................................................................................................................3
Issue or challenge chosen............................................................................................................3
Code of conduct which assist in resolving it...............................................................................4
Support from professional body..................................................................................................4
Impact of code of conduct and support on the issue...................................................................5
PART 2............................................................................................................................................5
Continuous personal development plan......................................................................................5
CONCLUSION ...............................................................................................................................6
REFERENCES................................................................................................................................7
APPENDICES.................................................................................................................................8
Continuous personal development plan......................................................................................8
Corporate Social Responsibility: Challenges and Strategies_2

INTRODUCTION
There are many ethical issues which is faced by the companies in their modern era. The
ethical issues involves gender bias, economic injustice, racial prejudice and many other. The
companies working in the global environment faces these common issues. The global
environment is one such think where the businesses are very much affected which involves
international interactions and the uncontrollable local which influence the operations of the
companies (Yin, 2017). The organisation chosen for this report is Tesco Plc, a retail based
multinational company which was established in the year 1919. it deals in groceries and general
merchandise retailer. This report shall cover the ethical issue or challenge faced by the company,
code of conduct which assist in resolving it, support from professional bodies and impact of
support and code of conduct on the issue. Further it will have a continuous personal development
plan.
PART 1
Issue or challenge chosen.
Corporate social responsibility is the concept of management where the organisations
integrate environmental and social concerns within their business operations and the interactions
with the stakeholders (Dura and Driga, 2017). The CSR helps the organisations to build the
brand identity and good will as it showcases the social responsibility of the companies. The
activities or programs of the CSR may boost the morale of the workforce and lead them towards
the greater productivity.
CSR is the new idea where the companies incorporate new strategies to deal with the
environmental and social concerns and plays a responsible role in the country. Tesco is one such
organisation which faces the challenges of corporate social responsibility. The issue of CSR
affects the corporate reputation and brand image of the companies. The organisations must have
such business strategies in their organisation which can coordinate with the expectations of the
society (Karmasin and Apfelthaler, 2017). Tesco is being affected by this issue in the early years
when this concept came into existence. It has established a CSR committee which is entrusted
with the role to ensure that the organisation pay sufficient attention to the community
responsibilities. The company works for the CSR strategies in order to meet the customer
expectation.
Corporate Social Responsibility: Challenges and Strategies_3

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