Sunday, May 17, 2020

Reasons for CSR assignment - 2046 Words

This assignment will be based around Adidas, an argument will be contextualised regarding Adidas’s Social and Economic responsibility and why an organisation like Adidas chooses to deal with the externalities in the organisation, the drives of Adidas’s values and ethical approaches will also be assessed, including an overall conclusion based on my opinion of Adidas as a sustainable organisation. Corporate Social Responsibility (CSR) is defined by Carroll as being split into four possibilities,†it is economically profitable, law abiding, ethical and Philanthropic† (Visser. W, 2005). Economic responsibilities is defined as being for profit purposes, managers focus is purely on the outcome of the business and the shareholders, there is†¦show more content†¦Adidas mentions that; â€Å"Managing the organisations environmental impacts is a key focus of their work† (Adidas Group, 2012). On the other hand It has become more apparent that there are a large number of ethical issues connected with Adidas these issues relating to the supposed Corporate responsibility of the organisation, â€Å"The independent revealed that workers in some of the sportswear giant s contracted factories are paid as little as 34p an hour† (The Independent, 2012). however Adidas is portrayed as an ethical organisation, one that cares for their suppliers, this is seen in the Adidas group(2012) site under â€Å"working with suppliers†; whereby Adidas depicts a â€Å"fair, safe and healthy† working environment. This immediately paints a picture of an ethical organisation that cares for suppliers even the factories in the Asia Pacific region. It is questionable that an organisation as global as Adidas is compelled to take on a Corporate Social and ethical approach as a means to maintain an image even if it may be false. Milton Friedman suggests that when businessmen talk elo quently about their business they may not be aiming purely for social means, as â€Å"a corporation is an artificial person and in this sense may have artificial responsibilities, but a business as a whole cannot be said to haveShow MoreRelatedA Pragmatic Alternative for Creating a Corporate Social Responsibility Strategy1007 Words   |  5 Pagesresponsibility (CSR) is a corporate initiative to assess and take responsibility for the company s effects on the environment and impact on social welfare. CSR may also be referred to as corporate citizenship and can involve incurring short-term costs that do not provide an immediate  financial  benefit to the company, but instead promote positive social and environmental change.   This assignment summarizing good work done by Professor  Kash Rangan  and colleagues offer a pragmatic solution for CSR. FirstRead MoreBusiness Case of Csr1677 Words   |  7 Pages(course: Business in Sustainable society) assignment 2 Business case of CSR Abstract On the tracking thread toward understanding the concept and aspects of a sustainable business in this course, the inclusive wide concept of corporate social responsibility is an key approach which feeds sustainable development pattern. This paper aims to look at the CSR concept in relation to business case issue and argue the business case of CSR in different positive or negative perspectives. Read MoreEssay about Social marketing reflects corporate social responsibility1110 Words   |  5 PagesIntroduction This assignment will initially describe social marketing and then indicate how corporations affect stakeholders through companies’ social marketing and responsibility. Following that, the importance and functions of corporate social responsibility (CSR) and social marketing will be demonstrated. 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