This assignment focuses on the corporate social responsibility of the Vodafone Company. It analyzes the implementation of corporate social responsibility by Vodafone and its business and strategic management implications.
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RUNNINHG HEAD: CORPORAYE SOCIAL RESPONSIBILITY0 Corporate Social Responsibility: Vodafone
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CORPORATE SOCIAL RESPONSIBILITY1 Table of Contents Introduction................................................................................................................................2 Implementation of corporate social responsibility.....................................................................2 Business & strategic management implications.........................................................................4 Personal justification..................................................................................................................4 Conclusion..................................................................................................................................5 Bibliography...............................................................................................................................6
CORPORATE SOCIAL RESPONSIBILITY2 Introduction This assignment will deal with the corporate social responsibility of the Vodafone Company. This assignment will focus on the business of the Vodafone that how their business is dealing with social responsibility. They have done their responsibility appropriately or not. This all will be reflected in this assignment. Corporate social responsibility is the process which reflects that how the business entity manages to yield an overall good effect in the economy, nowadays it is very important for the business to focus on the corporate social responsibility as it is also one of the important concepts which are taken care by the customers. Corporate social responsibility is also known as corporate conscience, corporate citizenship, sustainable corporate responsibility; social performance is a form of organization self-regulation(Schwartz, 2011). Vodafone is the mobile operator headquarters in Bershire, England, UK. It is one of the largest telecom companies globally with a turnover of £75 billion in August 2008. The name of the company has come from the Voice data one, chosen by the company to reflect the concept of voice and data over the mobile phone(Agyapong, 2011). The aim of the project is to use the corporate social responsibility to analysis the company Vodafone and draw out the result of the Vodafone Company in relation to their social responsibility.
CORPORATE SOCIAL RESPONSIBILITY3 Implementation of corporate social responsibility Corporate social responsibilityshould be takencare of by each and every company. Vodafone has fulfilled it is corporate social responsibly. This can be reflected by these activities of the company. BT accessible a full range of facilities with a long view of ‘Bringing It All Together’. In 2012, the company forms the strategy which aims at: Improving the customer experience by good customer service delivery. Improving the procurement and productivity i.e. cost transformation. Firstly, Vodafone was offering fixed opinion and broadband by wholesale facilities from BT, but its value was very high, so subscribers were very less. The priority was to partner with the reputed company that integrates the mobile and laptop requirement and allows the customers to use the mobile to replicate fixed-line doings. The organization sought to become more competitive against fixed-line participants by offering fixed line process when consumers call from homes(Andrew Crane, 2019). In 2010, the company develop new marketing strategies having a focus on the key areas; 1.Statistics service - Customers craving for the mobile network and related facilities will be the single chief driver for the business entity to go forward. 2.Developing market - The business in India and Africa is rising fastly as there is the transformational impact of mobile communication, 3.Enterprise and total communication - They provide the best knowledge of the mobile to the employees as the growth of the industry is driven by the employees, a device safer and the meeting of fixed and wireless communication.
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CORPORATE SOCIAL RESPONSIBILITY4 4.New service – Traditional machines and traditional technology do not help in the growth of the business. So there is need of the machine-to-machine, mobile trade, operator billing, between many members, offers fresh revenues to the growth. Business & strategic management implications The company says that their main responsibility is to give confidence to the customers that they can trust on a first-class network all over the UK. That provides great value items gives an excellence facility. Company has taken the main role in areas like confidentiality and online safeguard. With the increase in social network sites, this is mainly serious when it arises to kids so they have established tools & guidance for parents and guardians. The organization is not satisfied – the knowledge changes fastly so it is significant to work with consumer’s and other stakeholders to give surety that they are giving the best conceivable facilities. During the past 12 month company has focused on various key areas like: Electromagnetic field: investigating approaches to assist us with continuing to give clear, straightforward data about the apparent wellbeing parts of cell phones and poles, including radio recurrence information from autonomously chose and checked base stations. Energyefficiency:thisaimtoreducetheenvironmentalimpactandimproveenergy efficiency(Heslin, 2008). Vodafone company has uses the concept of corporate responsibility in a well mannered, we cannot say that they have used such a concept in their business fantastically. Although they have done various activities for the help of the customer's drastic change cannot be seen.
CORPORATE SOCIAL RESPONSIBILITY5 Personal justification According to the finding, many of the customers have a clear concept of the responsibility of Vodafone. The customers are happy with the social responsibility done by the company. The social help of the company in achieving the tag of one of the most leading telecom industry. Corporate social responsibility is one of the most significant concepts. Vodafone covers various corporate to cover responsibility. According to my views, the company has covered various sectors like marketing customer’s advice and customer’s protection. Vodafone Company has taken the focus on the customer. Vodafone likewise has a plan to spare the vitality all through our structure and in our offices and stores with a good judgment see warming, chilling and lighting frameworks. They are decreasing left-over by curtailing paper utilization, creation of old system hardware and phones accessible for recycling were imaginable and recycling as ample as they can. Companies representatives can be comprised by picking green travel substitutes and enable their consumers to cut waste as well – they can do an alteration to wireless charging or keep their mobile phones for longer by preference a SIM-just duty. Conclusion In the year 2012, Vodafone faces various options in the competitive market as Vodafone working by using the traditional sources, which were not helping the Vodafone Company to grow in the market. Due to which a need was felt by the company to improve a plan to gain control in the ground marketplace of the UK and creating a market for the high-speed internet. There were challenges for the company to develop the new technologies which will help the company to lead in the market. Voice, data and audio-visual transmission were distorting the limits against old-style boundaries. There was a need for them to change the business strategies by enhancing more on new technologies.
CORPORATE SOCIAL RESPONSIBILITY6 Bibliography Agyapong, G. K., 2011. The Effect of Service Quality on Customer Satisfaction in the Utility Industry.International Journal of Business and Management ,6(5). Andrew Crane, D. M. L. S., 2019.Corporate Social Responsibility: Readings and Cases in a Global Context.2 ed. s.l.:Routledge. Heslin, P. A. a. J. D. O., 2008. Understanding and Developing Strategic Corporate Social Responsibility.Organizational Dynamics ,Volume 37, pp. 125-144. Schwartz, M. S., 2011.Corporate Social Responsibility: An Ethical Approach.s.l.:Broadview Press.