The Importance of Study Skills and CSR

This assignment delves into two key concepts: study skills and Corporate Social Responsibility (CSR). It emphasizes the significance of effective study skills for conducting thorough research and producing impactful reports. Additionally, the document highlights CSR's role in shaping businesses operating within a globalized economy, particularly concerning interactions with suppliers and customers in developing countries.

Study Skills

INTRODUCTION

Study skills are the most important approach which handle the functions of
managing and taking in new information or dealing with various calculations.
These skills are essential for enhance the individual’s ability to study, retain or
recall information which provide learning concepts like time management and
motivational techniques. Through this concept a person can learn anything in
regards with their study material and also can get motivated with correct
information in a right manner. Therefore, study skills help in making the reading
routine in order to create the best use of it and also helpful for reading selective
data effectively in order to obtain retain information. This present report is based
on corporate social responsibility which provides the information that how
organizations manages their business in an effective manner. Along with this,
report will discuss about the literature reviews and their achievements in context of
CSR (Aguinis and Glavas, 2012).
P1. Explain literature review and what does it achieve

Literature review is scholarly paper which involves in the current information like findings and
theoretical or methodological contribution to a specific topic. These are the secondary sources
which is associated with the practical work. In the other words literature review is the
comprehensive summary of previous research on a specific topic and usually review of literature
surveys on different articles, books and journal on the particular area of research in an
appropriate manner. Literature review mainly considered few types such as evaluative,
instrumental and exploratory these are helpful for identifying the good research for a particular
project. There is also another type that is systematic review which is categories separately but it
is also very necessary for analyzing the high quality research evidence and lot of arguments
related with relevant data (Deng, Kang and Low, 2013). This process of literature review needs a
several types of activities and different ways of thinking for creating, developing and generating
the good research in an appropriate manner. On the other hand review article is also the part of
literature review which analyzes the present study or research project. This also focused on the
previous published studies for making the new report, so that is also known as survey article that
identifies different things like necessary gaps in the research, present database and offers lot of
thoughts or ideas for conducting the research in a good manner. A good literature review
justified the reason for research which depends on the individuals as they defined the various
approaches, journals and database etc. so that literature review always allows them in order to
establish their theoretical framework in an attractive way.
That’s why there are some objectives of literature reviews such as it is helpful in order to
analyze the variances in previous studies and progress overtime that is based on the current
report. It is also able to collect more information about the current research report or projects. It
helps in evaluating the theoretical framework in present report. It covers relevant methodologies
of research that is methods, various approaches that have been made for research studies like
identification of surveys instruments for making the report attractive. Commonly literature
review differentiates several approach or arguments in order to demonstrate individual’s thinking
on the particular matter. It also helps in ignoring plagiarism. Therefore, literature reviews are
very important part of every research paper in an effective manner.
There are some achievements of literature review in order to gain proper knowledge of
understanding of existing research and database with a specific topic and area of research;
therefore there are some achievements which are given below:
 Firstly it helps in order to achieve foundation of knowledge on the particular topic
 It is also achieve the functional or appropriate research of prior scholarship in
order to prevent the credit of other members.
 It also helps in achieving the gaps in research, conflicts in previous research
studies and so on.
 It also helps in achieving the requirement for additional research in other words
for justifying the research project report.

 It is helpful for achieving the relationships of person’s in regards with their
contribution in the particular topic or other works related with research.
 It also leads the individual’s research within the context of literature review in
order to make different or new case for further study is required.
Therefore, literature review is very essential part of every business as it helps in
justifying the several journals or article in an appropriate manner for achieving the research goals
and objectives within the specific time frame (Korschun and et. al. 2014).
P2. Literature review on the “Corporate Social Responsibility”
CSR is the regular statement by business in order to perform ethically and contribute to
economic growth while changing the quality of life of the labor force and their families as well
as local public or society at large scale. On the basis of this compliance with legislations and
some regulations of CSR generally includes in “beyond law” commitments such as, corporate
government and ethics, health and safety, human rights that involves in core labour rights,
sustainable growth, working conditions that is also involves in wages, safety or health and
working hours. These all are supportive systems in order to make customers satisfying in an
effective manner. On the other side CSR makes its clear vision in order to make profits of the
environment and several aspects of human life, so that it defined their better ways for handle
their waste disposal like hot water and so on. Through this, India is one of the fastest developing
economies such as socio-economic problems like poverty, illiteracy and so on. Therefore, CSR
handle these resources in an attractive manner. Now a days, all business organizations have
Corporate social responsibility which formulates particular policies, strategies and objectives for
their CSR programs along with this company also fix the budgets in order to support workforce.
On the other side, CSR plays a very important role in any firm, through the globalization
economy, lot of multinational companies are rapidly involved with the various suppliers and
customers globally it is possible when these companies operates their business in develop
countries. CSR has agenda that is close relationship with international growth. In context of
multinational companies CSR look like a useful assets by which larger firms can contribute the
lot of funds for developing the countries in an effective way. Corporate social responsibilities
involve in so many government policies and rules which are helpful for company in order to
build strong relationship with others for well growth (Cho, Lee and Pfeiffer, 2013).
There are some literature reviews on CSR by different authors, which are explained
below:
According to Visser, W (2008), corporate social responsibilities through the activities of
stakeholders or lot of pressure by groups which address failure of market and various
government policies. The new trends of socially responsible investment offer CSR and their
incentives where funds are collected in ethical, social and environmental criteria. Therefore, it
enhance the business activity in order to inform the shareholders of potential risk and problems

that helps in better understanding the stakeholders and shareholders as well. Thus, CSR is very
important aspect for increasing the company’s goodwill or development in an effective manner.
It is also necessary for corporate reputation as they always focused on financial performance in a
right way.
According to Mc William & S. Seigal (2010), they provided the necessary key of CSR as
it is a strategy of increasing the reputation of organizations in a good way. The study specified
that now a days firms selling convincing goods which Is important for company’s reputation in a
market in which CSR determined these activities and also focused on leads to customer’s loyalty
and maximize the revenue. This study also discusses the significance for offering information to
the customers about social welfare activities of firms. Therefore, this study also involves in
various significance of media, Television etc. in order to enhance consumer’s awareness about
the firm’s functions or activities in an effective manner. Through CSR company can manage
their reputation easily in a market place or in competitive environment.
According to Brammer, Jcakson & Matten (2012), “This study is based on CSR and
institutional theory: new viewpoint on private governance” in the term of social economic view
CSR is not only the volunteer action but there are several kinds of action which are taken by the
government. As per this study CSR has been defined under the institutional theory that focuses
on the social activities that are the part of interface in between society or business. Therefore,
regulation governance is the most necessary tool for increasing the corporate performance or
activities by corporate social responsibilities. This theory also recommended that every company
in the market should take social responsibilities whether the legal, political or historical firm in
an appropriate manner.
According to Dr. M. Ramana kumar (2013), In this study on CSR (Analysis of the private
and public sector companies) they are tried to identified the CSR functions or activities which
are carried out by the private or public sector companies in order to focusing on the Indian
government policies and programs of CSR. In the current scenario, both public and private
companies making lot of efforts in order to fulfill the requirements of employees or people in an
effective manner. Therefore, this study found that both public and private companies needs to
improve public image because it is necessary for attract the customers in order to satisfy their
wants. Both companies should also enhance their brand awareness and recognition for enhancing
the huge number of customers in an effective manner. Companies should always focus on their
cost savings in order to make good budget for their duties in CSR.
According to Mallen Baker (2012), this study is based on four emerging trends in
corporate social responsibility that tried to evaluate lot of things which helps in the changing
environment of companies every year. Firstly, the relationship in between business and society
has been changed than some issues occurred which is faced by companies like environmental

problem and lack of resources. Secondly, there is little strategy for business men in order to
develop business that affected people in a positive manner. Therefore, there are lots of new ideas
or concept which develop under the corporate social responsibilities for influencing lot of people
or lot of companies in order to achieve goals and objectives in an effective manner.
According to Monika Hartman (2011), in this CSR in the food sector identified the
significance of CSR in food sector those companies which have high brands in the market. As
per this SMEs are not much capable for providing all facilities to their customers. Therefore, this
study focused on that companied who want to change their activities or management functions
according to the consumer perception in an effective manner. It was also focused on the
consumer’s preference for those brands which gives importance of food sectors in corporate
social responsibilities. Therefore, company has to prepare more attractive culture for their
employees so that they can easily exist in the firm and can make CSR in effective way for
increasing the customer’s loyalty in the present manner. Along with this company should
maximize employee’s creative involvement in order to develop different ideas, originality and
problem solving decisions when a firm is shows their expressions and values in front of the
customers. That’s why it is easy for achieving their target in a particular manner.
CONCLUSION
According to the above report it has been concluded that study skills are very important
term for identifying the research report in an effective manner. Along with this, the concept of
Literature review also has been specified with various approach, article or journals which are

essential for every research project in order to make good report and they are also very much
helpful for managing the report in an accurate way. Apart from this, CSR plays a very important
role in any firm, through the globalization economy, lot of multinational companies are rapidly
involved with the various suppliers and customers globally it is possible when these companies
operates their business in develop countries. Therefore these all are necessary terms have been
discussed on the above report in a specified manner.
REFERENCES
Books and Journals
Aguinis, H. and Glavas, A., 2012. What we know and don’t know about corporate social
responsibility: A review and research agenda. Journal of management, 38(4), pp.932-968.
Kitzmueller, M. and Shimshack, J., 2012. Economic perspectives on corporate social
responsibility. Journal of Economic Literature, 50(1), pp.51-84.
Brammer, S., Jackson, G. and Matten, D., 2012. Corporate social responsibility and institutional
theory: New perspectives on private governance. Socio-economic review, 10(1), pp.3-28.
Khan, A., Muttakin, M. B. and Siddiqui, J., 2013. Corporate governance and corporate social
responsibility disclosures: Evidence from an emerging economy. Journal of business ethics,
114(2), pp.207-223.
Deng, X., Kang, J. K. and Low, B. S., 2013. Corporate social responsibility and stakeholder
value maximization: Evidence from mergers. Journal of financial Economics, 110(1), pp.87-109.
Baumann-Pauly, and et. al. 2013. Organizing corporate social responsibility in small and large
firms: Size matters. Journal of business ethics, 115(4), pp.693-705.
Hilson, G., 2012. Corporate Social Responsibility in the extractive industries: Experiences from
developing countries. Resources Policy, 37(2), pp.131-137.
Hartman, M. (2011). Corporate Social Responsibility in the food sector. European
Review of Agriculture Research. Vol. 38. No.3. 297-324.
Baker, M. (2012). Four emerging trends in Corporate Responsibility. Retrieved

from http://www.mallenbaker.net/csr/CSRfiles/articles.php
Cho, S. Y., Lee, C. and Pfeiffer Jr, R. J., 2013. Corporate social responsibility performance and
information asymmetry. Journal of Accounting and Public Policy, 32(1), pp.71-83.
Kim, Y., Li, H. and Li, S., 2014. Corporate social responsibility and stock price crash risk.
Journal of Banking & Finance, 43, pp.1-13.
Korschun, D and et. al. 2014. Corporate social responsibility, customer orientation, and the job
performance of frontline employees. Journal of Marketing, 78(3), pp.20-37.