Tuesday, December 10, 2019

Model of Corporate Social Responsibility †Free Samples to Students

Question: Discuss about the Model of Corporate Social Responsibility. Answer: Introduction Corporate social performance has become one of the important components necessary to determine corporate performance in todays competitive world. The concept of corporate social performance has gained importance over the time due to increase in role of a corporate citizenship and comparison to competition. The theory is used to evaluate corporate social responsibility in an effective manner. The corporate social performance includes legal, economic and philanthropic areas. It is necessary for a company to evaluate social performance in order to attain a desired market position. A company needs to be profitable enough so that they can continue all the important activities in an effective manner. Majority of companies in the world are focusing on the social responsibility in order to attain significant results. It is important for a company to follow an effective social responsibility structure in order to attain capacity. Model of social responsibility refers to the responsiveness of a company to the social issues. A company needs to be proactive with approach in order to manage the social issues. The companies are using social responsibility in an effective manner to achieve an effective proactive plan. The report is regarding corporate social responsibility structure followed by Starbucks. The company is effectively using Social responsibility as an effective tool to meet the distinctive results. Starbucks is a pioneer of corporate social responsibility. They have led the world in an efficient manner through their social responsibility planning. They have effectively used social responsibility in order to lead the world in an effective manner. Starbuck stakeholders management approach is based on different programs related to corporate social responsibility. The company is an advocate of corporate social responsibility. They are following an effective model of corporate social responsibility. They are continuously solving the demand and interest of various stakeholders. The company is not seen as an organization but viewed as a corporate citizen. The firm is continuously contributing towards the social responsibility and responsibly following the stakeholders programs. The current strong image of the brand and image has helped in leading the organization in an effective manner. Starbucks is effectively using corporate social responsibility and making efficient efforts to work in the favor of the farmers and resolving the issues related to corporate social responsibility. Positive aspect of Corporate Responsibility Starbucks has continuously proving to be a pioneer of corporate social responsibility. They are continuously playing an important role by the different stakeholders. The company is effectively playing an important role in meeting the interest of various stakeholders through their corporate social responsibility initiative. Starbucks has effectively using corporate social responsibility for the employees as well. As a stakeholder the company is effectively managing the working condition of employees. It is effectively providing job security to the employees. They are giving scholarship to their employees in partnership with the Arizona State University. Conclusion: The company is continuously solving the employees issues and improving the overall corporate social responsibility structure. It is evident that the Starbucks is taking effective measures. The employee benefit programs are helping the organization in meeting the corporate social objectives. It is important for business organizations to derive effective programs that are necessary to implement effective results. Customers: Starbucks is considering their customers as one of the important stakeholder. The interest of the company lies in the satisfaction of customers. They have included customers as its major stakeholder by

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