StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Corporate Social Responsibility in the Car Industry - Capstone Project Example

Cite this document
Summary
This capstone project "Corporate Social Responsibility in the Car Industry" discusses goals stipulated in the first chapter of the study. The study confirmed the importance of corporate social responsibility in guaranteeing financial performance…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.5% of users find it useful
Corporate Social Responsibility in the Car Industry
Read Text Preview

Extract of sample "Corporate Social Responsibility in the Car Industry"

Download file to see previous pages

The era of globalization has ushered in a new generation of intense competition. Organizations have recognized the importance of generating various strategies by which they could profit from their operations. One of the business initiatives recognized as increasing the financial performance of a company is the use of corporate social responsibility. Briefly, corporate social responsibility (CSR) is defined as those methods by which an organization minimizes its negative impacts on the environment and society.

To ensure the maximization of benefits arising from CSR, it is important to give consideration to employees. Nevertheless, little research has been conducted with respect to the role of the employees in ensuring CSR. In this present study, the role of the employees has been validated. True enough, corporations have acknowledged their importance and it is in this regard that they have come up with various initiatives to promote employee engagement. However, these strategies have not been employed in the branches of the companies outside their home country, in view of their desire to reduce operational costs.

This study makes use of a qualitative design to explore the topic at hand. Chapter One: Introduction Background of the Study The importance of the concept of corporate social responsibility (CSR) was first addressed during the Johannesburg World Summit on Sustainable Development in 2002 (Kotler and Lee, 2005). In highlighting its importance, many have argued that to ensure their efficiency companies nowadays must also be able to give consideration to social and environmental areas. Aside from this, they are likewise mandated to deliver the results of their achievements in honest and transparent ways (Werther and Chandler, 2010).

Apparently, the participants of the said summit have recognized the fact that it is through the attainment of these purposes that the efficiency of the companies is guaranteed. The development of a framework was one of the most significant contributions of this particular summit (Kotler and Lee, 2005). In the said framework, two approaches were reflected: the advocacy as regards the adoption of regulatory frameworks that makes the concept of CSR mandatory based on the behavior of the entrepreneur (OECD, 2001).

This particular approach is popular amongst developing countries and the major non-governmental organizations that were present at the said summit. As was to be expected, there were others who rather objected thereto.  

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Corporate Social Responsibility in the Car Industry: Investigation of Capstone Project Example | Topics and Well Written Essays - 18250 words, n.d.)
Corporate Social Responsibility in the Car Industry: Investigation of Capstone Project Example | Topics and Well Written Essays - 18250 words. https://studentshare.org/finance-accounting/1427616-corporate-social-responsibility
(Corporate Social Responsibility in the Car Industry: Investigation of Capstone Project Example | Topics and Well Written Essays - 18250 Words)
Corporate Social Responsibility in the Car Industry: Investigation of Capstone Project Example | Topics and Well Written Essays - 18250 Words. https://studentshare.org/finance-accounting/1427616-corporate-social-responsibility.
“Corporate Social Responsibility in the Car Industry: Investigation of Capstone Project Example | Topics and Well Written Essays - 18250 Words”. https://studentshare.org/finance-accounting/1427616-corporate-social-responsibility.
  • Cited: 0 times

CHECK THESE SAMPLES OF Corporate Social Responsibility in the Car Industry

Starbucks and Corporate Social Responsibility

The author states that althоugh critics wоuld suggеst that many оrganizatiоns' cоmmitmеnts tо charitablе causеs arе mеrеly attеmpts tо assist thе bоttоm linе, thе multi-milliоn dоllar dоnatiоns оf cоmpaniеs such as Starbucks will hоpеfully makе a diffеrеncе tо thе livеs оf thоsе in nееd....
7 Pages (1750 words) Case Study

The Meaning of Corporate Social Responsibility and Environmental Science

(Friends of the earth) The aim of social responsibility is to effect a higher and higher standard of living while at the same maintaining the profitability of the corporation (Hopkins) Therefore corporate social responsibility involves community, environment, ethics, human rights, responsibility in the market, vision, and values, and workforce.... This essay "The Meaning of corporate social responsibility and Environmental Science" focuses on corporate social responsibility that, in order to be successful, should not be considered as an act of philanthropy but as mainstream to the business....
9 Pages (2250 words) Essay

Tobacco Industry and Corporate Responsibility

Since the overall incidence of ciggerrate consumption has declined over the period of time in the UK, therefore, suggesting that the consumers do not give much importance to the corporate social responsibility initiatives of the tobacco companies.... corporate social responsibility however become one of the key areas to look for by the tobacco companies.... his paper will discuss whether the perception about tobacco companies has changed in the UK as a result of the corporate social responsibility initiatives of the companies....
2 Pages (500 words) Essay

The Dangers of Social Responsibility

Although social responsibility has proved to have a number of benefits, various quarters from the free and individualistic enterprise systems have come out strongly against the concept.... All the same, the acceptance of social responsibility has been through voluntary means and.... As a way of showing charity and concern for the surrounding community, most corporates participate in certain social responsibility programs in which they too stand to gain....
10 Pages (2500 words) Essay

The Retail Industry

Thus, the topic of this dissertation, which entails establishing the corporate social responsibility role in promoting brand equity emanates from the need to establish how the company's actions of socially responsible behaviour can facilitate further gain in the correlation of the corporate social responsibilities and creation of brand equity.... The need for the establishment and implementation of corporate social responsibilities came through the various challenges within the environment such as global warming, All these issues have a concurrent relation to the retail industry as they industries participate directly and indirectly in the development of these problems that face the society (Ghosh, Ghosh & Das, 2013, p 26)....
13 Pages (3250 words) Research Proposal

Corporate Social Responsibility in Promoting Brand Equity

The corporate social responsibility is a procedural action developed by the companies at their will to support and promote the public image in positive manner (Banerjee, 2007, p 97).... he establishment of brand equity in its development possesses several similar elements with developing corporate social responsibility.... The retail industry remains among the vast and intimately exposable industry, despite its expansive nature....
13 Pages (3250 words) Research Proposal

Corporate Social Responsibility

This paper "corporate social responsibility" discusses corporal behavior that is one, which has taken its base from the dealings of the business world.... corporate social responsibility is defined as the mixture of both these behaviors comes in the frame.... Such kind of controversies can erupt anytime within any company that has set its mission to go about the process of carrying the corporate social responsibility.... corporate social responsibility can regulate the workings of the company and serve as a welfare organization for the masses of a particular society, thus boosting the market as the competition will increase between the different corporals, which will, in the long-term, only benefit the society....
8 Pages (2000 words) Assignment

Theory of Corporate Responsibility

The paper "Theory of Corporate Responsibility" explains that industry Canada also postulated that corporate social responsibility also should incorporate policies that encourage innovation to combat societal and environmental challenges through the collaboration of internal and external stakeholders.... The next major part of this essay will focus on a range of major corporate social responsibility models and hope to explain the method of corporate responsibility....
7 Pages (1750 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us