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Essay / Research Paper Abstract
This is a 4 page paper that provides an overview of corporate social responsibility. Hypothetical examples are given to demonstrate the issue. Bibliography lists 4 sources.
Page Count:
4 pages (~225 words per page)
File: KW60_KFcorsr1.doc
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Unformatted sample text from the term paper:
over time, business models must be updated in order to reflect the realities of ones culture. In the 21st century, widespread access to information has increased social consciousness to the
point where more and more people are demanding accountability out of businesses for a variety of social ills. For example, businesses are now increasingly beholden to certain standards regarding the
environmental sustainability of practices, and so on. In such an environment, the truly proactive businesses are those which make the fulfillment of corporate social responsibility an integrated matter of policy
and strategy. If businesses strive to fulfill corporate social responsibility ahead of time, then the need for social accountability can be leveraged into an operational strength rather than a potential
liability. This paper will explore the concept of corporate social responsibility using a hypothetical scenario. This paragraph helps the student introduce the idea of corporate social responsibility. Corporate social
responsibility can take many forms in todays society. Some claim that an organization has no social responsibility beyond the need to generate a profit for shareholders (Friedman, 1970). However, a
wisely chosen social responsibility strategy aligns itself with certain social causes that are of some value or relevancy to the organization itself. On the surface, of course, corporate social responsibility
can be defined simply as the "ethical behavior of business towards its constituencies or stakeholders", but this is only a superficial treatment that doesnt get to the core of how
social responsibility strategies can actually impact the organization in a positive manner (Hopkins, 2004). For an example of this, one might look at Starbucks. In recent years, Starbucks has become
more proactive about its social responsibilities and as part of this campaign has donated substantial money to support the activities of small farmers who specialize in farming processes that produce
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