CSR Report: Analyzing the Impact of CSR on Business and Society

This report delves into the realm of Corporate Social Responsibility (CSR) in the context of cloud service management. It begins by outlining the core principles, including the societal acceptance of the technology, the balance between business benefits and risks, and the ethical dimensions of the work. The report then details the methodology, including the use of surveys to gather data on public perception and the rationale behind the project's approach. The outcomes section highlights the benefits of the software for both businesses and society, emphasizing its role in data management, backup, and compliance. The report concludes by underscoring the importance of considering social responsibilities and ethical considerations in the development and deployment of cloud services, and how the organization can use the knowledge gained to enhance its reputation within the community. The report also includes references to relevant literature supporting the analysis.

Running head: CSR
CSR
Name of the Student
Name of the University
Author Note

CSR 1
The principles:
1) The technology that is developed is Cloud service management. The technology will
be welcomed by the society, as this system will provide security and privacy. So the
technology will be welcomed by the society definitely.
2) The benefits that will be gained from the project will be helpful for the business but
there are some risk too. However, by getting the advantage of managing the internal
data and security, the benefits will be greater than the risks.
3) The behaviour and the work is ethical as well as it is having the social responsibilities
too. As the cloud, service management will provide security and privacy to the
business providers.
The processes:
1) Yes, the questions that have been asked to the people are correct. The questions have
been asked via a survey.
2) Yes, the questions have been asked to the right people. By conducting a survey and
preparing a bunch of questions this process has been done. Then the assumption about
the acceptance, risks and benefits have been made based on the answer of the people.
4) The thinking about the project have been through as well as it has prepared well
because the benefits and the risk that may come are analysed and assumed well for the
project. The work is ethical as well as it is having the social responsibilities too. As
the cloud, service management will provide security and privacy to the business
providers. By getting the advantage of managing the internal data and security, the
benefits will be greater than the risks.

2CSR
The outcomes:
1) The software that is provided will provide benefit to the society and the business
providers. The system will provide the help in managing internal information and data
for the organization, it software will also help the company to manage the backup as
well as the restoration of the data and information that are internal.
2) Yes, the services and the software have taken into account all the compliance
requirements and the legalization that are relevant. Because the software is ethical and
having the social responsibilities. Before making the software the risk that might
come were assumed and the benefits too.
3) Yes, the knowledge can be taken into the community for enhancing the company’s
reputation as well as it will support the community in that the organization operates.
As the software will deliver integration to the cloud with on premises network.

3CSR
References:
Cheng, B., Ioannou, I. and Serafeim, G., 2014. Corporate social responsibility and access to
finance. Strategic management journal, 35(1), pp.1-23.
Crowther, D. and Seifi, S. eds., 2018. Redefining Corporate Social Responsibility. Emerald
Group Publishing.
Servaes, H. and Tamayo, A., 2013. The impact of corporate social responsibility on firm
value: The role of customer awareness. Management science, 59(5), pp.1045-1061.