Identify a recent example of a company that is attempting to

Identify a recent example of a company that is attempting to “do well, while doing good.”
Note: You may use magazines, newspapers, journals, the library, and the Internet to gather your information.

Identify a recent example of a company that has cut corners and done damage, while doing well financially.
Note: You may use magazines, newspapers, journals, the library, and the Internet to gather your information.

Compare and contrast each company’s CSR report.

What drives CSR in these companies? Is the reason linked to pragmatism, ethics, strategy, or some combination?

Identify the key stakeholders impacted by the CSR policies.

Discuss the impact of these companies’ choices on the company’s image and competitive advantage. Consider the global aspect, if the company(s) is a global company.

Solution

Identify a recent example of a company that is attempting to “do well, while doing good.”

Answer :

Example : Infosys ,Infosys is IT company .This company is following the CSR activity very perfectly. Infosys is the leading IT company .They are doing excellent in their field.

But they are also best in CSR activity.They are doing CSR activity in various areas .Out of that Education is one of the major.

1) Gives scholarships to poor students for education.

2) Sponsor poor candidates for education.

3) Provide computers , books to rural libraries.

Ref.https://www.infosys.com/investors/corporate-governance/Pages/social-responsibility.aspx

Identify a recent example of a company that has cut corners and done damage, while doing well financially.

Answer :

Example : Volks Wagen

Recent emissions issue of Volks Wagen , This company not followed the emissions standards. Manipulated the emission configuration.By such unethical practices they damaged the environment .

They were financially going well , but because of unethical practice they damaged .Such expectations was not there for company like Volks Wagen which is good international brand.

Ref: http://www.bbc.com/news/business-34324772

What drives CSR in these companies? Is the reason linked to pragmatism, ethics, strategy, or some combination?

Answer : In today\'s global scenarios every company is doing CSR activity.though they are saying that we want to give return some % to society .This is real.

But still its elated with their pragmatism, ethics, strategy, or some combination.Yes correct.

Through such practice they can create

1) Brand image

2) Can reach their products up to customer

3) Strong Social Image

4) Can increase the strength of stake holders

5) Financial stability

etc

Identify the key stakeholders impacted by the CSR policies.

Answer :

Directly indirectly all parties of stake holders are getting advantage of CSR activity.

Customer , Employees , Share holders, Suppliers , Distribution networks , Government etc.

Discuss the impact of these companies’ choices on the company’s image and competitive advantage. Consider the global aspect, if the company(s) is a global company.

Answer :

Yes as discussed in above point companies are getting advantages for these types of CSR activities.

Social image , International reputation , Profit increase , Global expansion , CSR can play a important role for attacking on competition , Governments & Local state helps etc.