Why Companies Engage in Corporate Social Responsibility

Buss. Ethics Why do companies engage in unified social responsibility? Companies engage in CSR in ordinate to economize a phone line on track to do the right thing. However, theres ternion reasons that keeps a business engage with CSR. Pragmatic, where the term use power or loose it is utilize , this typify that if businesses are non responsible accepted advantages could be taken away. Ethical reason, is when businesses have a responsability to behave ethically, this mean that executives duty is to care about multiple stakeholders. The last reason is the strategical one, which is based identifying activities that can harm the business. . Do you believe that employees are more than attracted and committed to socially responsible companies? Why or why not? Are you? Why or why not? Yes i authentically believe so because they go forth be certain that the company stay on task and ethically manages situations. However, they volition have in disposition that they are stimu lateing in an ethical environment and that they must work hard to keep it up that way. I know i will certainly be attracted more attracted to these companies because first of all, The social responsible environment will motivates me to do a penny-pinching job. 3.A number of organizations have juicy goability sections on their internet sites. Pick two and highlight what they are doing regarding sustainability, as well as compare and contrast. Interface Global http//www. interfaceglobal. com/Sustainability This organization has sizable resolutions on 3 key areas They are, +reducing footprint +designing and manufacturing advance(a) products with less enviromental and social impacts. +creating a culture with engaged employees with a handle vision of sustainable businesses. Wal-Mart http//walmartstores. om/Sustainability/ This organization is onerous to make customers save specie and help ensure a better world for generations to come. In order to do so theyve set three aspira tional sustainability goals +To be supplied 100% by renewable energy+To create zero waste +To sell products that sustain people and the environment Overall, both organization have just aboutthing in common, which is trying to maintain a sustainable business and a good environment. 4. direct the Merck and River Blindness case. What is River Blindness and who are the stakeholders in the Merck case. The River Blindness case is a disease that is cause by parasitic worms that live in the lessened black flies that breed in the rivver of the countries if middle east, Africa, and LAtin America. When a person is bitten by one of these blaack flies, the larvae of the worm can entern the persons body, reproduce and penetrate out causin the person itchiness and blindness. The stackeholders for Merck are individual with disease, horses, Merck, and Merck scientists 5. Explain why socially responsible business is good business.Social Responsible business is good business because Being sociall y responsible creates goodwill and a irresponsible image for the business. Trust and a good reputation are some of the companys most valuable assets. In fact, without these, a business cant function. These important assets can be encourage by being socially responsible. However, it is crucial the right socially responsible program is plan for the business. When used properly, it will open up a countless of new relationships and opportunities. It will grow success and the companys culture. It will become a culture that the companys staff and the whole community will believe in.