Tuesday, February 11, 2020
Corporate Social Responsibility Master Case Study
Corporate Social Responsibility Master - Case Study Example It states the obligations of the company towards the process of making the profit and the obligation that it has towards those who are involved in the process and the impact on the environment. There has been more emphases on the need of the companies consider ethical practices in their business which has been driven by the increasing consumer awareness for the obligations that corporations have towards them and towards the environment. The new market trade has been dictated by the demands of the consumers to have eco-friendly process and goods which has been seen as one of the most important way in which companies can integrate ethical practices in their business processes. Therefore we can say the term corporate social responsibility has its roots on the moral obligation that companies have towards its workers, the shareholders, its customers, and toward the environment. It is a broad term that is supported by ethical theories of deontological theories and teleological theories that defines not only the moral obligations that we have in terms of the result of the process but also the moral obligating that we have in terms of all the factors that are involved in the production process. Most compan... en it as their sole responsibility to ensure that they integrate ethical practices in the production process and also in the all other areas pertaining to their operations. Most companies therefore look forward toward the release of their CRS end year report which has become one of the most anticipated even in the company's calendar. CRS activities have not only been serving as important process in the working of the company but they have also been an important way in which companies have been marketing themselves and identifying themselves with the surrounding communities. The concept has helped most company to play the moral obligation by caring out CRS programs that are aimed at raising the welfare of its workers, consumers and the environment. Sainsbury PLC. J. Sainsbury plc is one of the leading food retail in the UK and has been able to establish interest in non-food and financial services. The group is made up of server chains supermarket called Sainsbury's supermarket, Bells stores, Jacksons Stores, and Sainsbury Banks. The corporation employs more the 145,000 people in all its operations. The company has been in the market for along time and has built a business empire based on its principal of ensuring that they give their customers the best butter in the world and at the affordable price. It has aimed at cutting in niche in the market by becoming the leading consumer first choice for food, delivering of outstanding quality products at the most competitive price in the market. The company has been taking various steps towards ensuring that it satisfies its customers in terms of meeting their demands through delivery of high quality goods and through ensuring that it pays attention to the matters of the environment. Let us look at the CSR activities
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