Corporate Social Responsibility: Managerial Strategies Explored

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Added on  2023/06/16

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This presentation provides an overview of corporate social responsibility (CSR) and explores the role of managers in enhancing it. It identifies current issues related to CSR, such as the lack of guidelines and over-reliance on resident oversights. The presentation analyzes various causes of these problems, including public scrutiny and the development of trade unions. Potential solutions are discussed, such as disclosure and transparency demands, and investor pressure. The strengths and weaknesses of these solutions are evaluated, focusing on connecting CSR to the value chain and security/safety programs. The presentation concludes that CSR plays a vital role in every organization, and company managers are responsible for maintaining activities that contribute to business goals and social well-being. References to relevant academic sources are also included. Desklib provides access to this presentation and many other study resources.
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CORPORATE SOCIAL
RESPONSIBILITY
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CONTENT
INTRODUCTION
Find out the current issue
Analyze various causes of problem
Make a potential solution
Define weakness and strength of this solution
CONCLUSION
REFERENCES
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INTRODUCTION
Corporate social responsibility is a management
term that can use by business to combine
environmental and social factors in organisation
operations (Bantan and Thomas, 2021). The
basic aim of this is to regulate entire
organisation that helps in contributing overall
societal targets. This responsibility is used to
describe that how any industry improves
community.
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Find out the current issue
Corporate social responsibility is a big issue. It refers to a
broad concept problem that can take by organisation
conduct. It involves rights of people, working condition,
sexual orientation in balance, shopper interest and charges
(Brotons and Sansalvador, 2020). The CSR experiences
two issues that can relate with absence of guidelines that
can surrender it to choose by trough and other one is over
dependence on resident oversights.
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Analyse various causes to this problem
This responsibility helps to increasing employee motivation that can move its to acquire high
productivity from business. Following are the factors of such problem.
Public Scrutiny: In this current situation, a business working is open for public investigation
(Crane and et.al., 2017).
Development of trade unions: The specialist has been feeble in bartering with representative
administration. It is a directing terms identify with working conditions and compensation rates.
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Make a potential solution
A corporate social responsibility program is a midst of a crisis. This can attacked by business investors
and shareholder groups who have a needless distraction related and remove monetary value from the
firms investors.
Disclosure and transparency demand: It alludes to a potential arrangement identified with liabilities
of corporate (Šević, 2017).
Investors pressure: It additionally decides as an answer since capital venture is bound to contribute
by organization for getting better grades in corporate obligation.
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Define weakness and strength of this solution
Classification Strength Weakness
Connecting CSR to value chain It is a systematic model that helps to analyse issues related to all
functional inputs of business through which an organisation helps to
transforming all raw materials that providing items ad services of
business(Tiwari and et.al., 2021).
A cost in CSR considers as serious obstacle as a manger taking
responsibility related to maximize business profits. A person who
forsake their profit in order to delivering benefits to society can
expect to lose his job and replaced by someone on taking its profits
as a priority.
Security and safety programs This solution is very helpful as it can reduce all medical related
expense and gives a high security and protection to its staff. Thus
this can increase a morale of worker and boost their confidence.
It creates a tremendous hazard in business as it can damage overall
productivity of organisation that highly affect its reputation.
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CONCLUSION
From above PPT it is being conclude that corporate social responsibility plays a vital role in every
organisation. A company manager is responsible to handle or maintain all activities of firms that can
use for accomplishing business goals. It also helps to bring competitive advantages in organisation.
This programs deliver benefits to its staff and also deriving social well being. This analysis include
several cause related to certain production of company that is helpful for attaining organisational
activities success.
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REFERENCES
Bantan, B.S. and Thomas, K., 2021. Measuring what matters: A sector‐specific corporate social
responsibility framework for quality practice. Thunderbird International Business Review. 63(3).
pp.339-354.
Brotons, J.M. and Sansalvador, M.E., 2020. The relation between corporate social responsibility
certification and financial performance: An empirical study in Spain. Corporate Social
Responsibility and Environmental Management. 27(3). pp.1465-1477.
Crane, A. and et.al., 2017. Measuring corporate social responsibility and impact: Enhancing
quantitative research design and methods in business and society research.
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