Strategic Management for Competitive Advantage (Project C)

Strategic
Management for
Competitive
Advantage
(Project C)

Table of Content
PROJECT C................................................................................................................................ 3
Critical evaluation of the organization sustainability and CSR.....................................................3
Concept of Corporate Social Responsibility (CSR) and its interlinking with Sustainability........3
Corporate Social Responsibilities (CSR) of Buckisthan and their underpinning with agendas
of sustainability........................................................................................................................ 4
Corporate Governance and its execution in organisation.........................................................5
REFERENCES............................................................................................................................ 7

PROJECT C
Critical evaluation of the organization sustainability and CSR.
Concept of Corporate Social Responsibility (CSR) and its interlinking with Sustainability.
The corporate social responsibility is an act of self regulation that helps a company Indian
social accountability to its stakeholders the public or to the society and also to itself. The
corporate social responsibility is commonly known as CSR and practicing it the company is
considered as corporate citizenship (Cantele and Zardini, 2018). The corporate social
responsibility is a business model gauging in which means that in the ordinary course of
business and organisation is operating in such a way that it is contributing towards the
betterment and enhancement of society and environment instead of negatively affecting them. It
is one of the very recent and a very broad concept that take many forms depending on the
organisation and the respective industry in which it is dealing. Caesar is a voluntary effort
businesses undertakes which is beneficial for the society as well as for the brand as it boost
their brand image and their Goodwill in the marketplace. Corporate social responsibility is an
important concept for the community and for the company as well as it increases their value and
enhance is there value in eyes of shareholders and other stakeholders.
Another important concept which is focused buy business organisations in the current
scenario is of sustainability. Sustainability refers to running the business smoothly and earning
higher results by reducing the negative impacts of the business on the environment and on the
society with the help of appropriate and most efficient strategies (Ginter, Duncan and Swayne,
2018). The sustainability factor drives the business towards success important process as it
helps the business to come towards global challenges along with making an impact on the
consumers as well. Along with it several investors either domestic or International uses
environmental, social and governance Matrix to analyse and organisational ethical impacts and
sustainability practices in the respective business environment and in the industry.
The interesting and interrelationship of corporate social responsibility and sustainability
plays an essential and very crucial role in enhancing the operations and effectiveness of
organisation in the minds of their respective customers, shareholders, employees and all the
other stakeholders in the internal or external existing in the market. The first and foremost
interrelationship of CSR and sustainability is both the elements are focused towards contributing
and enhancing the the business activity in such a way that the environment and society is very
likely to be benefited by it rather than being negatively impacted (Makadok, Burton and Barney,
2018). The corporate social responsibility is a business model that those practices that are