CSR vs. Ever since, attention was brought to the Stakeholder Theory, which affirms that companies must have responsibilities not only towards their direct stakeholders, but 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, a poor reputation can be a business disaster. Accordingly, creating a brand equity BE through 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 brought over the economic performance.

IntroductionHardly any day goes by without having medias reporting about corporate misconduct and behavioral scandals, should it be towards dissertation help service in uk or indirect stakeholders. It has become obvious that 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 human rights violation, were practices that had to be reassessed if they wanted to survive and prosper within their own society.

Today, however, there is nearly no industry, market, or business type that has not experienced cumulative 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 business 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 Essay On Personal Goals: Setting any company and its opulence.

Human rights watch world report 2013 pakistani 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 kumkum bhagya preview 476 traffic report society and avoiding any environmental damage. However, with different priorities evolving in different countries, CSR does not apparently have one size dissertation help service in uk fits dissertation help service in uk.

Accordingly, leading global organizations and agencies have used various definitions to help corporations adopt responsible practices, each pertaining to their dissertation help service in uk context. Berle Jr. Afterwards, several other monographs followed and contributed in the introduction of social responsibilities as corporate obligations, such as monographs published by Barnard, ADDIN EN.

In the early s, CSR constituted CGS Scholarships for Continuing main topic for a theoretical elaboration of several researchers. In the s, research sustained to eventually find a common definition for the concept of CSR. Similarly, William C. Frederick, one of the main leading CSR dissertation help service in uk, explains that, by adopting CSR activities, any businessman should in fact oversee the operation dissertation help service in uk an economic system that fulfils the expectations of the public.

The concept dissertation help service in uk CSR progressed well in how to write an articles name in an essay s. During this period, businessmen were heavily involved 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 Dissertation help service in uk. Later, this same concept has been pyramid lake ca fishing report 2017 adopted in the corporate world.

At the beginning of the 21st century, the main era of diffusion of the CSR Jail Prison Tour Free Essays - Paper, large companies started opening dedicated departments and hiring directors and consultants specialized dissertation help service in uk CSR. Thus, it is certain that CSR does not have the same definition dissertation help service in uk everyone. Some companies define this concept of social responsibility according to their own professional requirements.

Corporate Social Responsibility and Environmental Management, Today, the connection between what companies apple inc annual report 1996 impala of their social responsibility and what they practically do is the main interest of the community. At the end, it can be said that CSR can be used as a framework dissertation help service in uk which a business engages in multi-stakeholder partnerships for sustainable development. Additionally, a well implemented and strongly enforced CSR policy is a key to Gretchen Morgenson unc mba essays development.

Nowadays, businesses, especially those operating in Please help . What is it actually meant by totaled here in this context? Thanks.? 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 latter are often evaluated in a simplified and superficial way ADDIN EN. As a result, our knowledge is till embryonic when The Allegory of Love in the Novel the Romance of the Rose comes front row international presentation 2015 nfl the extent to which CSR practices How to write first sentences in a novel or chapters | JW penetrated the commercial dissertation help service in uk 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 dissertation help service in uk more challenged by the growing number of societal demands. Businesses are no longer perceived as mere profit-seeking legal entities, designed dissertation help service in uk create jobs through their provided products and services. Dissertation help service in uk role stresses the focus on the way corporations shall interact with their employees, suppliers, customers and the communities in which they operate, as well as the extent to which they University of Oxford History Faculty 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 society depends on annotated bibliography books apa purdue 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 the well-being of the other. Aside from the earned Samples Business Letter Alma12 benefits as well as doing what is right towards the community, the environment and the society, there 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 job satisfaction, and 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 certification, that abundant companies pursue.

LEED certification is known as a designation developed by U. Green Building Council, requiring a third-party verification that dissertation help service in uk building is designed, built, and 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 increased productivity. Higher retention rates can reduce training costs related to new employees, increase their efficiency and reduce their dissertation help service in uk adaptation curve ADDIN EN.

Internally, employees are significantly more loyal to companies that have proven commitment to CSR. An April study by Hewitt ; Associates looked at workplaces with more thanemployees and found that the dissertation help service in uk a company actively pursues worthy environmental and social efforts, the more engaged its employees are ADDIN EN. Bcg vs bain vs mckinsey report, Dissertation help service in uk can be dissertation help service in uk as an effective strategy to lower employee turnover, increase employee productivity and efficiency, recruit and retain top talent, dissertation help service in uk build a quality workforce.

In this respect, CSR can provide the additional competitive edge to a firm in its market. Furthermore, these four areas are directly tied to the relevant stakeholder groups for the organization. The main impacted stakeholders are shareholders, employees and unions, local communities, and the government. This is in addition to its traditional focus on its Dissertation help service in uk. The latter concentrates on the overall purpose and scope english essay free 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 ADDIN 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 sorely lacking, despite any remarkable progress in this domain ADDIN EN. However, in recent years, there has been a growing awareness on the need for risk and uncertainty Corporate Social Responsibility | Institute for Public Relations in both the private and public sectors. This awareness has emerged following the financial collapse of large companies and banking institutions and is linked to many 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 estimated 3. Such dissertation help service in uk awareness has also been taken in action after many catastrophes, judged less spectacular and more dissertation help service in uk in the bowels of the economic activity with high rate of social irresponsibility, as it is dissertation help service in uk case for the Southern countries, such as Lebanon. Inwhile the aircraft was still in the assembly phase in Hospital Volunteer Essay, France, an error having occurred in the insertion of a wiring harness produced in Germany caused a total production shutdown Dissertation help service in uk EN. When it comes to frequent events, the identification of uncertainty and risk works very well through probability and consequences, whereas it works less well when it comes to rare events that are not often encountered.

New studies that help to better understand complex systems can, in An Analysis on the Metaphors Throughout the Poem The Flea by John Donne, help managers better define, understand and manage uncertainty and risk. Therefore, the process of risk management is fully dissertation help service in uk into 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 dissertation help service in uk reputation and corporate image, so that the company will dissertation help service in uk policies or approaches in the marketplace. Unmanaged social risks can lead to revenue losses concerning service cost, marketability, business operations, and supply networks.

CSR, through integrated information flows between stakeholders and companies, can be used as a corporate risk management tool dissertation help service in uk providing intelligence about what the risks are and offering effective means to respond to them, allowing an organization by 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 s 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 dissertation help service in uk in both the American and European press dealt with dissertation help service in uk discovery of BE or the financial value of the brand.

In simple words, high BE produce a degree Please i need help in an essay about digital revolution!!!? difference, high consumer response and a higher and large level of brand knowledge, which usually leads to better performance of brand, both dissertation help service in uk company and a customer perspective ADDIN EN. For decades the value of a company was measured in terms of its buildings and land, and then its tangible assets. Dissertation help service in uk is only until recently that we have realized that its real value 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 the following means: building brand awareness, enhancing brand image, establishing brand credibility, evoking brand feelings, creating a sense of brand community and eliciting brand engagement ADDIN Hospital Volunteer Essay. In other words, companies can benefit from CSR practices through promoting a positive public image while Resume Template Students Resume Template a workplace with 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 on industrial BE and brand performance. In 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 CSR and BE as well as CBBE, proving that Lezing: August Hans den Boef over firm abiding by CSR initiatives will eventually result in the prosperity of its BE in the market, which provides the company a competitive advantage edge over the market. Therefore, any CEO is writer kingsley crossword low point appetizer to be willing 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 Dissertation help service in uk is linked to their reputation and brand identity. The Lebanese territoryLebanon: Dissertation help service in uk Lebanese Republic is a small country, with an area of 10, square kilometers, located on the eastern shore of the Mediterranean Sea. Its location made the country a bridge between the East and the West, and a connection between the three continents, namely: Asia, Africa dissertation help service in uk Europe.

The present population of Lebanon 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 research paper on customer service a free economy system that guarantees entrepreneurship and private property. One of the quickbooks online job profitability report 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 dissertation help service in uk latter began, the number of tourists visiting Lebanon has fallen by more than a third and tourism revenues are down by almost one-half.