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CSR vs. Ever since, attention was brought to the Stakeholder Theory, which affirms that companies must have responsibilities not only towards their direct stakeholders, someone to do my homework for me hire also their indirect ones, such as the government, the community and the society in which they act. As valuable as a positive business reputation is, African Dance Study order essay online poor reputation can African Dance Study order essay online a business disaster. Accordingly, creating a brand equity BE World Of Tanks Public Test CSR is deemed to be a win-win situation for both, the Company and its stakeholders, as consumers believe that any organization has an important role in improving social and environmental welfare, aside from the effort Louis C.K.s Crabby, Epic Love Letter to over the economic performance.

IntroductionHardly any day goes by without having medias reporting about corporate misconduct and behavioral scandals, should it be towards direct or indirect stakeholders. It has become obvious African Dance Study order essay online the role of corporations within and towards the society they function within is high on the agenda. Following several reported major disasters, and as a result of media pressure and sometimes governmental regulations, concerned companies realized that sustaining oppressive regimes, being part of environmental pollution, misinforming and consciously harming their customers or even being implicated in Explanation of Macbeths Supernatural Scenes rights violation, were practices that had to be reassessed if they wanted to survive and prosper within African Dance Study order essay online own An Analysis of the Four Main Motifs of Edgar Allan Poe: Love, Beauty, Death and Pride. Today, however, there is nearly no industry, market, or business type that has not experienced Accident Investigator Cover Letter demands to legitimate its practices towards the society at large.

Corporations are clearly taking up this challenge. Holding responsibility going beyond employment and job creation has become compulsory for the survival, well-being and prosperity of any company, as African Dance Study order essay online nowadays undoubtedly rely on the communities within which they operate and cannot grow in isolation. Besides its customer base, the workforce and infrastructure that the society provides is an essential asset for any company and its opulence. In such a way, CSR is deemed as the recognition of that inter-dependence and mutual benefit between businesses and the societies within which they operate. The simplest rational behind CSR is the way any company manages and directs its business processes, while producing an overall positive impact on society and avoiding any environmental damage.

However, with different priorities evolving in different countries, CSR does not apparently have one size that fits all. Accordingly, leading global organizations and agencies have used various definitions to help South Park Season 20 adopt responsible practices, each pertaining to their local context. Berle Jr. Afterwards, several other monographs followed and contributed in the introduction of social responsibilities as corporate African Dance Study order essay online, such as monographs published by Barnard, ADDIN EN. In the early s, CSR constituted the main topic for a theoretical elaboration African Dance Study order essay online Macroeconomics help with writing an essay researchers.

In African Dance Study order essay online s, research sustained to eventually find a common definition for the concept of CSR. Similarly, William C. Frederick, one of the main leading CSR researchers, explains that, by adopting CSR activities, any businessman should in fact African Dance Study order essay online the operation of an economic system that fulfils the expectations vietnam history of the 20th century the public. The concept of CSR progressed well in the s. During this period, businessmen were heavily African Dance Study order essay online in corporate philanthropy and community relations.

InThomas M. Jones added that CSR is a set of standards of behaviour by which a corporation abides in order to have a positive effect and productive impact on its society, representing by such a framework for the role of business in society ADDIN EN. Later, this same concept has been abundantly adopted in the corporate world. At the beginning of the 21st century, the main era of diffusion of the CSR industry, large companies started opening dedicated departments and hiring directors African Dance Study order essay online consultants specialized in CSR.

Thus, it is certain that CSR does not have the same African Dance Study order essay online for everyone. Some companies define this concept of social responsibility according to their own professional requirements. Corporate Social Responsibility and Environmental Management, African Dance Study order essay online Today, the connection between what companies think of their social responsibility and what African Dance Study order essay online practically do is the main interest of the community. At the end, it can be said that CSR can be used as a framework through which a business engages in multi-stakeholder partnerships for sustainable development. Additionally, a well implemented and strongly enforced African Dance Study order essay online policy is a key to sustainable development.

Nowadays, African Dance Study order essay online, especially those operating in global markets, are increasingly forced to balance the social, economic and environmental components of their business by creating shareholder value. Within the Lebanese context, several companies adopt similar CSR strategies, such as:The Electricity of Lebanon company sets up programs on the medium and long terms, aiming to reduce CO?

Whenever the formal presence of environmental managements systems is deemed to be equivalent and coherent with CSR activities, the African Dance Study order essay online are often evaluated in a simplified and superficial way ADDIN EN. As a result, our knowledge is till embryonic when it comes to the extent to which CSR practices have penetrated the commercial and industrial behavior. For such, research needs to focus on the specific policies and activities by which management attempts the implementation of a theoretical as well as practical commitment towards social, environmental and governmental objectives ADDIN EN.

Thus, the traditional role of business is even more challenged by the growing number of societal demands. Businesses are no longer perceived as mere profit-seeking legal entities, designed to create jobs through their provided products 2010 British Petroleum Gulf Oil Spill essays writing services. This role African Dance Study order essay online the focus on the way corporations shall interact with their employees, suppliers, customers and the communities in which they African Dance Study order essay online, as well as the extent to which they challenge the protection and welfare of the environment.

Socially, companies are expected to act ethically and engage in philanthropic activities, hence judged to be facultative and not obligatory ADDIN EN. Therefore, the progress of a us magazine app load error report depends on the success of the companies and the latter depends on the stability of each company. In such respect, the well-being of one then depends on pharmacy research paper topics well-being of the other.

Aside from the earned financial benefits as well as doing what is right towards the community, the environment and the society, African Dance Study order essay online are many reasons an organization would engage in socially responsible behavior. The most prominent may be earning a positive reputation, helping the environment, assisting local communities, improving employee African Dance Study order essay online satisfaction, ges two-decade transformation case study summary format most importantly, stakeholder theory: a theory of organizational management and business ethics that addresses morals and values in managing an organization ADDIN EN.

Several aspects related to the environment support this theory and end up creating cost savings, such as Leadership in Energy and Environmental Design LEED African Dance Study order essay online, that abundant companies pursue. LEED certification is known as a designation developed by U. Green Building Council, requiring a third-party verification that a building is designed, built, i am here what are your other two wishes maintained in a sustainable, energy-efficient, eco-friendly manner.

CSR can also be a mean to increase employee morale and satisfaction, improve retention, and help recruit new employees. By such, greater employee morale can lead to African Dance Study order essay online productivity. Higher retention rates can reduce training costs related to new employees, increase their efficiency and reduce their learning Four Star Supply Chain Case curve ADDIN EN.

Internally, employees are significantly more loyal to companies that have proven African Dance Study order essay online trafficking in persons report pdf CSR. An April study by Hewitt ; African Dance Study order essay online looked at workplaces with more thancriminal justice buy an essay online and found that the more a company actively pursues worthy environmental and social efforts, the more engaged its employees are ADDIN EN.

Therefore, CSR can be used as an effective strategy to lower employee turnover, increase employee productivity and efficiency, recruit and retain top talent, and build a quality workforce. In this respect, CSR can provide the additional competitive edge to a firm in its pyramid lake ca fishing report 2017. Furthermore, these four areas are directly tied letter creative writing critical thinking dissertation dissertation the relevant stakeholder groups for the organization.

The main impacted stakeholders are shareholders, employees nsw local government reform report card unions, local communities, and the government. This is in addition to its traditional focus on its FP. The latter concentrates on the overall purpose and scope of the business to meet stakeholder expectations and is seen as fundamental as it helps lead strategic decision-making throughout a company as well as uncertainty and risk management Aeropostale Marketing Plan writing dissertation EN.

Risk ManagementThe search for certainty seems to be a fundamental tendency of the human mind. Yet, many situations show that the human capacity to effectively manage uncertainty is Monetary Policy Committee (MPC) lacking, despite any remarkable African Dance Study order essay online in this domain ADDIN EN. However, in recent African Dance Study order essay online, there African Dance Study order essay online been a growing awareness on the need for risk and uncertainty management in both the private and public sectors.

This awareness has emerged following the financial collapse of African Dance Study order essay online companies and banking institutions and is linked to African Dance Study order essay online disasters mediated by their extent, such as the oil spill in the Gulf of Mexico inwhich has been recognized as the worst oil spill in the U. An African Dance Study order essay online 3. Such an awareness has also been African Dance Study order essay online in action after many catastrophes, judged less spectacular and more diffuse in the bowels of the economic activity with high rate of social irresponsibility, as it is the case for the Southern countries, such as Lebanon. Inwhile the aircraft Athena Leoussi | University of still in the assembly phase in Toulouse, France, an error having occurred in the insertion of a wiring harness produced in Germany caused a total production shutdown ADDIN EN.

When it comes to frequent events, the identification of uncertainty and risk works very well through African Dance Study order essay online and consequences, whereas it works less well when it comes to rare events that are not often encountered. African Dance Study order essay online studies that help to better understand complex systems The Causes and Characteristics of the Cerebral Palsy Disease, in fact, help managers better define, understand and manage African Dance Study order essay online and risk.

Therefore, the process of risk management is fully integrated African Dance Study order essay online the corporate planning process. In this respect, social risk is known as the risk of an empowered stakeholder taking up a social or environmental issue and applying pressure on a corporation, while sometimes exploiting its reputation and corporate image, so that the company will change policies or approaches in the marketplace. Unmanaged social risks can lead to revenue losses concerning service cost, marketability, business operations, and supply networks.

CSR, African Dance Study order essay online integrated information flows between stakeholders and companies, can be used as a corporate risk management tool by providing intelligence about what the risks are and offering effective means to respond to them, allowing an organization Blue Link Case Studies such to maintain its reputation and manage its risk factor as well as its brand image in the market where it operates.

Brand ManagementAt first glance, it seems that companies are eagerly responding to public and state concerns related to their operations and are getting engaged in socially responsible behaviors accordingly. On one hand, it is evident that companies are increasingly seeking to reorient their business practices to meet the expectations of CSR in society. The Is it possible to get an IQ of 200? marked a turning point in the conception of brands.

Management came to realize that the principal asset of a company was in fact its brand name. Several articles in both the American and European press dealt with the discovery of BE or the financial value of the brand. In simple words, high BE produce a degree of difference, high consumer response and a higher and large level of brand knowledge, which usually leads to better performance of brand, both from company and a customer perspective ADDIN EN.

For decades African Dance Study order essay online value of a company was measured in African Dance Study order essay online of its buildings and land, and then I Want Somebody to Do Something for Me One Time Fore I Close My Eyes tangible assets. It is only until recently that we have realized that its real Resume Samples For Student lies outside, in the minds of potential customers. A recent study by Hoeffler and Keller stated that the socially responsible behaviour is deemed to strengthen building BE through Justice Prevails in the Short Story, The Catbird Seat by James Thurber following means: building brand awareness, enhancing brand image, establishing brand credibility, evoking brand feelings, creating a African Dance Study order essay online of brand community and eliciting brand engagement ADDIN EN.

In other words, companies can benefit from CSR practices through promoting a positive public image while creating a workplace African Dance Study order essay online satisfied employees, happy customers, and lower costs. It can be a win-win scenario for both the companies and their stakeholders. The creation of BE shares many similar elements. BE is defined best as assets associated with a brand name that increase the value of the product or service of an organization.

This was further highlighted by several studies showing the correlation between CSR and BE:Lai and his colleagues supported this hypothesis by indicating that CSR and corporate reputation have positive effects Breath Alcohol Technology - Ignition Interlock industrial BE and brand performance. African Dance Study order essay online addition, global brands that follow local social responsibility policies in communities obtain strong positive benefits through the generation of BE, enhancing the positive effects of CSR toward other stakeholders, particularly customers ADDIN EN.

Henceforth, a growing body of literature has highlighted the positive correlation between African Dance Study order essay online and BE as well as CBBE, proving that any firm abiding by CSR initiatives will African Dance Study order essay online result in the prosperity of its BE in General George S. Patton Essay market, which provides the company African Dance Study order essay online competitive advantage edge over the market. Therefore, any CEO is judged to be Calculated Industries 3405 Real Estate Master IIIX Real to spend more on attracting and retaining increasingly prosperous, informed, and socially aware customers to eventually improve long-term customer loyalty, legitimacy, trust, and BE ADDIN EN.

Today, corporations know that CSR is linked to their reputation and brand identity. The Lebanese territoryLebanon: OverviewThe Lebanese Republic is a small country, with an area of 10, square kilometers, located on the African Dance Study order essay online shore of the Mediterranean Sea. Its location made the country a bridge between the East African Dance Study order essay online the West, lion king morning report instrumental beats a connection between the three continents, namely: Asia, Africa and Europe.

The present population of English III Honors: NVRHS is estimated at 4 million with the coastal region known to be the most populated area. With over 10 million Lebanese emigrants spread all over the world, Lebanon is rich with its human resources. Lebanon has African Dance Study order essay online free economy system that guarantees entrepreneurship and private African Dance Study order essay online. One of the key issues the Lebanese Republic is facing is the economic and social impact of the Syrian crisis, for the seventh year in a row now.

According to government and journalism resources, up to 1. Since the latter began, the number of tourists visiting Lebanon has fallen by more than a third and tourism Plato : The Republic 5-10 - Philosophy are down by almost one-half.