The European Union defines Corporate Social Responsibility (CSR) as “a concept that an enterprise is accountable for its impact on all relevant stakeholders. It is the continuing commitment by business to behave fairly and responsibly and contribute to economic development while improving the quality of life of the workforce and their families as well as the local community and the society at large.” In broader terms‚ CSR means a collection of policies‚ programs and practices adopted
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In this essay I am going to look at AstraZeneca PLC one of the world’s top pharmaceutical companies. By describing several relevant cases and commenting on them I will try to evaluate the extent to which the Company acts under the principles framing its corporate governance and corporate social responsibility policies. To give brief overview‚ AstraZeneca PLC‚ formed on April 6‚ 1999‚ by the merger of British Zeneca Group PLC and Swedish Astra AB‚ is one of the biggest pharmaceutical companies
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Corporate social action of Cadbury Cadbury Schweppes is one of the renowned companies‚ which manufactures‚ distributes‚ and markets huge variety of confectionary and beverage product. Cadbury and Schweppes were merged in 1969‚ and since then the company has started to manufacture different renowned products like Cadbury chocolates‚ 7Up‚ Oasis‚ and Orangina. The company‚ which is establishing different confectionary and beverage products‚ is employing 50‚000 people worldwide Cadbury’ approach
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Disney is a family company – so it’s no surprise that they are committed to strengthening communities‚ and one of those is their ongoing commitment to military and veteran families. Recently‚ they began teaming up with Blue Star Families – a nonprofit for and by military families – to provide support to their Books on Bases events that encourage reading among military children. Just a couple past weekends‚ more than 250 Army and Marine Corps family members from Joint Base Fort Myer-Henderson Hall
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‘If a business wants to maximise profit‚ it cannot be concerned with corporate social responsibility’ Throughout time‚ humans have continually expressed the fears and concerns of their era through different forms of expression. These concerns have highlighted the plights and struggles of generations and give an understanding to their views of topical issues of their time. An issue prevalent today within our fast-paced and rapidly expanding society is one of Corporate Social Responsibility‚ with booming
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The Production Process Part 1 What is the name of the product? The name of the product is the iPhone 5. It is the 6th generation of the iPhone created by Apple Inc. Explain the benefits of the product. The new iPhone offers a new e-mail feature known as VIP inbox. This allows you to mark contacts as VIP and set up an inbox just for those contacts as well as have them appear on your lock screen over other non-VIP e-mails. The i5 comes with a 4.8 x 2.3 inches screen‚ letting you read through
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Corporate Social Responsibility Human Rights: Discrimination and vulnerable groups McDonalds does not discriminate against the vulnerable groups. McDonalds give many working chance to the vulnerable groups in order to accept and help them to be the part of the society. Labor practices: McDonalds dose provide safety workplace to the employees. McDonalds should also give enough resting time to the employees to ensure they will not be too tired and not affect the employees’ health. Environment:
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future ‘liquidity crunch’ in the financial industry. These BRAC investments focus on companies that are aligned with BRAC’s mission of alleviating poverty. BRAC investments are independently run organisations that are fully or partly owned by BRAC. CSR INITIATIVES OF BRAC BANK 12 years ago‚ Sir Fazle Hasan Abed‚ their founder Chairman 430‚000 SME entrepreneurs – more than 90% being and Chairperson of BRAC had ventured into BRAC Bank for are contributing for their financial empowerment. business
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companies integrate Social and Environmental concerns in their business opearations and in their interaction with their stakeholders on a voluntary basis” ( European Commission 2001:8). European Foundation for Quality Management defines CSR as follows‚ “CSR refers to a whole range of fundamentals that organisations are expected to acknowledge and to reflect in their actions. It includes – among other things- respecting human rights‚ fair treatment of the workforce‚ customers and suppliers‚ being
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Challenges in implementing CSR Corporate Social Responsibility can be separate into internal dimension and external dimension. Internal dimension and external dimension Internal dimension focuses on organizational practices with respect to internal stakeholders that should be aligned to corporate social responsibility standards. It includes human resource management‚ safety and health‚ environmental impact and corporate change. External dimension focus on an organization practices towards external
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