logo

Literature Review on the topic "Corporate Social Responsibility"

   

Added on  2020-10-23

11 Pages3759 Words394 Views
STUDY SKILLS
Literature Review on the topic "Corporate Social Responsibility"_1
Table of ContentsINTRODUCTION ..........................................................................................................................1ASSESSMENT 1: ESSAY..............................................................................................................11. Critical evaluation of suggestions made in the article on Hofstede's culture dimension.........12. Justification for being agreed and disagreed among suggestions of Hofstede’s CulturalDimensions..................................................................................................................................23. Suggestions..............................................................................................................................3ASSESSMENT 2: INDIVIDUAL REPORT...................................................................................4What is literature review and what does it achieve?....................................................................4Literature Review on the topic “Corporate Social Responsibility”.............................................4CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
Literature Review on the topic "Corporate Social Responsibility"_2
INTRODUCTION Culture is defined as the characteristics and knowledge of a particular group of people,all-inclusive of different language, religion, cuisine, social habits music and arts. A culture ispassed on to next generation by learning, whereas genetics are passed on by heredity. Survival ofany business is highly effected by culture in any nation. Business organisation needs to analyseculture in each country before making planes for expansion at national or international level. Inthis project to understand the concept of culture and its impact on business critical evaluation ofHofstede's Culture theory is done (Cottrell, 2013). Together with this literature review ofCorporate Social Responsibility is done. ASSESSMENT 1: ESSAYPsychologist Dr Geert Hofstede published his culture dimensions model at the end of theyear 1970. This culture theory becomes an internationally recognised standard for understandingcultural dimensions. This is a framework for cross-culture communication that helps to analysedifference between two culture differ internationally. This is a six dimension theory that helps indistinguishing one culture from another. A theory like this only describes a central tendency insociety. It is very critical analysis of identifying difference in one nation to another as it helps inexpanding business at international level effectively and appropriately despite of being onlygetting known to a particular nature (Elbaz, 2018). 1. Critical evaluation of suggestions made in the article on Hofstede's culture dimensionThe given article describes regarding various dimensions of Hofstede culture theory andtheir application on different cultures based on the current market scenario that is going on in thebusiness environment of different countries. The four cultural dimensions are described in thearticle which are individualism/collectivism, power distance, uncertainty avoidance andmasculinity/femininity. In the given article it is suggested that organisations that become global have to adjust tomany different environment. Cultural dimension of individualism/collectivism proves it as abusiness like KFC which is operated internationally have to deal with different cultures. InUnited States individual interest is placed at high a high value and self oriented culture oforganisational members will be followed. On the other hand, Mexico and other Asian countries1
Literature Review on the topic "Corporate Social Responsibility"_3
adhere to collectivism principles. Organisations in these countries work towards collective goalsand group harmony (Firmansyah, 2018). The other suggestion is that organisational values should be highly visible anddemonstrated effectively by managers. Cultural dimension of distance power reflects howpowers and responsibility in the organisation is divided. In United states businesses possess botha higher and a lower power distance culture. Business environment in US is participative thatplaces superior and subordinates on the equal terms. In countries like Arab power is divided onthe basis of hierarchy. Their can be any form of management in a business but organisationalvalues needs to be visible at each level. Hofstede's Culture Dimension gives a great significance to businesses that operate incross country. As understanding of each of the six dimensions of the theory provides anunderstanding of the cultural aspects and tendencies of a nation. The dimensions collectivelyportray the impact of the culture in society on the values of the members of that society.Difference between values and behaviours with the help of a structure based on various factorsanalysis is derived so that culture dimension of each factor is analysed to bring best results. 2. Justification for being agreed and disagreed among suggestions of Hofstede’s CulturalDimensionsSuggestions that are provided in the article are quite correct to a certain level but theirmay be a difference of opinion can exist for some suggestion (Haraldseid, Friberg and Aase,2015). As suggestion of being adaptive and getting adjusted in different environment whenbusiness is expanded at international level. This statement is not applicable to all the businessesas large business establishments have their own working environment and for this rules andpolicies are designed. These policies are not based and linked to be followed in a particularnation but will be followed on each extension of business. As it will be very complex for abusiness to design policies based on different. The basic policies in the organisation remainssame and changes are made to certain levels to operate effectively in different nations. Change in communication especially social media and social sharing is changing theculture and its impact is on both individuals and organisations. As social environment of eachnation is changing through usage more of online technology in business in compression to earliertimes. Introduction of technology has changed mode of communication for marketing withconsumers as more of online marketing is preferred. Development of online apps for various2
Literature Review on the topic "Corporate Social Responsibility"_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Corporate Social Responsibility: Assignment Sample
|14
|4262
|292

Study Skills for Higher Education: Assignment
|6
|1467
|107

Hofstede's Model of Cultural Dimensions : Assignment
|7
|1684
|169

Corporate Social Responsibility: Essay
|12
|3816
|133

Study skills for higher education - Assignment PDF
|13
|3985
|22

Hofstede’s cultural dimension : Assignment
|12
|3664
|28