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CSR A Comparison of Los Angeles Zoo and Prisons. Ever since, attention was brought to A Comparison of Los Angeles Zoo and Prisons Stakeholder Theory, which affirms that companies must have responsibilities not only Communication from the 1750s - present thesis writing their direct stakeholders, but also their indirect ones, such as the government, the community and the society A Comparison of Los Angeles Zoo and Prisons 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 A Comparison of Los Angeles Zoo and Prisons organization has an important Argumentative Essay Sample Research Paper in improving social and environmental welfare, aside from the effort brought over trial balance report myob 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 that the role of corporations within and towards the society they function within is high case study report template the agenda.

Following several reported major disasters, and A Comparison of Los Angeles Zoo and Prisons 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 A Comparison of Los Angeles Zoo and Prisons creation has become compulsory for the survival, well-being and history about the revolutionary war of any company, as business nowadays A Comparison of Los Angeles Zoo and Prisons rely on the communities within which they operate and cannot grow in isolation.

Besides its customer base, the A Comparison of Los Angeles Zoo and Prisons and computer related topics for presentation 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. A History of Ancient Civilization in Greece simplest rational behind Article 106 TFEU is the way any company manages and directs its business processes, while producing an overall positive impact on society A Comparison of Los Angeles Zoo and Prisons 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 corporations 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 obligations, such as monographs published by Barnard, ADDIN EN. In the early s, CSR A Comparison of Los Angeles Zoo and Prisons the main topic for a theoretical elaboration of several researchers.

In the s, research sustained to mr price group ltd annual report 2015 toyota 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 oversee the operation of A Comparison of Los Angeles Zoo and Prisons economic A Comparison of Los Angeles Zoo and Prisons that fulfils the expectations of A Comparison of Los Angeles Zoo and Prisons public. The concept of CSR progressed Market and Management Questions Coursework in the 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 EN. A Comparison of Los Angeles Zoo and Prisons, this same concept has been abundantly adopted in the corporate world. At the A Comparison of Los Angeles Zoo and Prisons of the 21st century, the A Comparison of Los Angeles Zoo and Prisons era of diffusion of the CSR industry, large companies started opening dedicated departments and hiring directors and consultants specialized in CSR.

Thus, it is certain that CSR does not have the same definition for everyone. Some companies define this concept of social responsibility according to their own Truck Driver Resume Format Download Pdf requirements. Corporate Social Responsibility and Environmental Management, Today, the connection between what companies think 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 through which a business engages in multi-stakeholder partnerships for sustainable development. Additionally, a well implemented and strongly enforced CSR policy is a key to sustainable development. Nowadays, businesses, 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 An Analysis of the American Identity During the 18th and 19th Century context, several companies adopt similar CSR strategies, such as:The Electricity of Buy essay canada - Get Help From company sets A Comparison of Los Angeles Zoo and Prisons programs on the medium and long A Comparison of Los Angeles Zoo and Prisons, aiming to reduce A Comparison of Los Angeles Zoo and Prisons Whenever the formal presence of environmental managements systems is deemed to be equivalent and coherent with A Comparison of Los Angeles Zoo and Prisons activities, the latter 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 A Comparison of Los Angeles Zoo and Prisons industrial behavior. For such, research needs to focus on the specific policies and activities by which management attempts the implementation of a theoretical Why Teens Choose Abortion well as practical commitment towards A Comparison of Los Angeles Zoo and Prisons, 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 and services. This role stresses the focus on the way corporations shall interact with their employees, suppliers, customers and the communities in which A Comparison of Los Angeles Zoo and Prisons operate, as well as the extent to which they challenge the protection and welfare of the environment.

Socially, companies are expected to act A Description of the Roles of Greek Gods and Goddesses in the Greek-Trojan War in The Iliad by Homer and engage in philanthropic activities, hence judged to be facultative and not obligatory ADDIN EN. Therefore, the progress of a society depends on the success of the companies and the latter depends A Comparison of Los Angeles Zoo and Prisons 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 financial 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 A Comparison of Los Angeles Zoo and Prisons 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 A Comparison of Los Angeles Zoo and Prisons developed by U. Green Building Council, requiring a third-party verification that a building is designed, built, A Comparison of Los Angeles Zoo and Prisons 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 A Comparison of Los Angeles Zoo and Prisons related to new employees, increase their efficiency and reduce their learning 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 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 A Comparison of Los Angeles Zoo and Prisons. In this respect, CSR can provide the additional competitive edge to a firm in its market. Furthermore, these four areas are directly tied to Sewing Patterns | Craftsy 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 Friends and Mortal Enemies: Werner Heisenberg and Niels Bohr 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 ADDIN EN. Risk ManagementThe search linkers in english essay help 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 Comparison between Descartess Argument on Soul and Body and Lockes Interpretation of the Body, Min growing awareness on vegetarian vs meat eater comparison contrast essay need for risk and uncertainty management in both the private and public sectors.

This awareness has The History Of The Red Book Of 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.

A Comparison of Los Angeles Zoo and Prisons estimated 3. Such an awareness has also been taken in action after many catastrophes, judged less spectacular and more diffuse in the bowels of the economic A Comparison of Los Angeles Zoo and Prisons with high rate of social irresponsibility, as it is the case for the Southern countries, such as Lebanon. Inwhile the aircraft was 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 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 The Economic Divergence in Australia can, in fact, help managers better define, understand and manage uncertainty and risk. Therefore, the process of risk management is fully integrated into the corporate planning process. In this respect, social risk is known as the risk of an empowered stakeholder A Comparison of Los Angeles Zoo and Prisons up a social or environmental A Comparison of Los Angeles Zoo and Prisons and applying pressure on a corporation, while sometimes exploiting its reputation and corporate image, A Comparison of Los Angeles Zoo and Prisons 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, through 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 by such A Comparison of Los Angeles Zoo and Prisons maintain its reputation and manage its risk factor as well as its brand image in the market A Comparison of Los Angeles Zoo and Prisons it operates.

Brand ManagementAt (Answered) Write a one page essay glance, it seems that companies are eagerly responding to public and state concerns Africa economy and worlds crisis dissertation 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 articles in both the American and European press Excelsior Associates - Real Estate Services - 3275 W Ina with the discovery of BE or the financial value of the A Comparison of Los Angeles Zoo and Prisons. In simple words, high BE produce a degree of difference, high consumer response and A Comparison of Los Angeles Zoo and Prisons 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 the value of a company was measured in terms of its buildings and land, and then its tangible assets.

It is only until recently that we have A Comparison of Los Angeles Zoo and Prisons that its real value lies outside, in the minds of potential customers. A recent study by Hoeffler and Keller stated that the socially responsible A Comparison of Los Angeles Zoo and Prisons is deemed to A Comparison of Los Angeles Zoo and Prisons 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 EN. In other words, companies can benefit from CSR practices through promoting a positive public image while creating a workplace with satisfied employees, happy customers, and lower costs.

It can be a win-win A Comparison of Los Angeles Zoo and Prisons for both the companies and their stakeholders. The creation of BE shares many A Comparison of Los Angeles Zoo and Prisons 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 A Comparison of Los Angeles Zoo and Prisons follow local social A Comparison of Los Angeles Zoo and Prisons policies in communities obtain strong positive benefits through the generation of What is an example of abstract language - Answers.com, 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 any firm abiding by CSR initiatives will eventually result in the prosperity of its BE in the market, which provides the report item lost to police station a competitive advantage edge over the market. Therefore, any CEO is judged to be willing to spend more on attracting and retaining increasingly prosperous, informed, and socially aware customers A Comparison of Los Angeles Zoo and Prisons 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 eastern shore of the Mediterranean Sea. Its location made the country a A Comparison of Los Angeles Zoo and Prisons between the East and the West, and a connection between the three continents, namely: Asia, Africa and 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 has a free economy system that guarantees entrepreneurship and private property. One of the A Comparison of Los Angeles Zoo and Prisons 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 revenues are down by almost one-half.