The decision to “Do What is Right” or to “Do What is Profitable” is a decision many a corporate CEO has faced for the last century. As the government now recognizes corporations as if they were people, the decision to this question has a lot more scope of impact. (Smith,...
A business’s only responsibility is to produce profits. To what extent do you agree with this statement? Corporate Social Responsibility (CSR) is a concept that challenges the conventionally-held belief that the sole purpose of a business is to create profit. Proponents of CSR urge that the role of businesses must...
History indicates that social activities shape humanity. In United States, the state of the country was dependent on public protests that focused on women suffrage, civil rights acts, and environmental campaigns. Through the activities implemented in Unites States, companies such as BP, Nike, and Walmart shaped organization’s corporate responsibility, helping...
The success of any corporation is anchored on its leadership and policies. One of the factors that have enabled Marriott to operate as a going is its belief in the culture of “spirit to serve.” For more than 80 years, Marriott has used the SERVE signature to render its services...
The concept of CSR has significantly changed since the 1960s. It has come a long way, “from examining CSR as an aggregate of multiple social dimensions to focusing on a specific element of social activities” (Wang et al. 537). Moreover, many companies have come to realize that positive CSR efforts...
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