"Impacts of CSR on Social Improvement"
Impact of Corporate Social Responsibility on Social Improvement
Introduction
Business organization is a part of society. It is surrounded by several factors of society. On the other hand business has some impact on the society. Business is also accountable for maintaining relationship with a wide range of stakeholders. The concept of corporate social responsibility came from this type of social view.
The days when individual companies were judged solely in terms of economic performance and wealth creation have long disappeared. Today, companies have far wider responsibility to the community, to the environment and to improve the quality of life.
Corporate social responsibility (CSR) is mainly about the awareness of and actions in support of environmentally sustainable societal development. Yet to be mainstreamed into corporate practice with a firmed up definition, CSR actions aim at mitigating the diverse environmental impact of the activities of the business, and at reducing inequalities and alleviating deprivation and poverty in the communities across the country. In the wide range of possible CSR actions, each business is expected to focus on areas of their core others. Well chosen, well executed CSR actions can enhance the longer run competitive position of a business; bringing in environmentally sounder practices, increased employee loyalty and commitment, actual and potential increase in customer base.
In today’s world academic education is not adequate to enable a student to compete with confidence and reach his/her goal without having experience with the outside world. As a student of Bachelor of Arts and Social Science every student has to conduct a practical orientation by preparing different kinds of report. The main purpose of the program is to expose the students to the real world situation. This report is done as a partial requirement of the internship program for the FASS
Introduction
Business organization is a part of society. It is surrounded by several factors of society. On the other hand business has some impact on the society. Business is also accountable for maintaining relationship with a wide range of stakeholders. The concept of corporate social responsibility came from this type of social view.
The days when individual companies were judged solely in terms of economic performance and wealth creation have long disappeared. Today, companies have far wider responsibility to the community, to the environment and to improve the quality of life.
Corporate social responsibility (CSR) is mainly about the awareness of and actions in support of environmentally sustainable societal development. Yet to be mainstreamed into corporate practice with a firmed up definition, CSR actions aim at mitigating the diverse environmental impact of the activities of the business, and at reducing inequalities and alleviating deprivation and poverty in the communities across the country. In the wide range of possible CSR actions, each business is expected to focus on areas of their core others. Well chosen, well executed CSR actions can enhance the longer run competitive position of a business; bringing in environmentally sounder practices, increased employee loyalty and commitment, actual and potential increase in customer base.
In today’s world academic education is not adequate to enable a student to compete with confidence and reach his/her goal without having experience with the outside world. As a student of Bachelor of Arts and Social Science every student has to conduct a practical orientation by preparing different kinds of report. The main purpose of the program is to expose the students to the real world situation. This report is done as a partial requirement of the internship program for the FASS