Paper Topic:

Enterprise and social responsibility

CORPORATE SOCIAL RESPONSIBILITY

Corporate Social Responsibility

[Name of Student]

[Name of University] Competition in the business industry is that strong today . As given in the case of Heathrow Airport , no one is stable in the field of airline business . You may be the market leader today but you 'll never know if you still top tomorrow . With growing competition within the airline industry , being the topmost is not that enough for a sustainable market What matters is that how are you going to sustain the market and at the same

time , finding ways on how to went up on the next level , while leaving the others finding innovations on how to follow yours . This also carries on to the stakeholders of the industry : the passengers , airport personnel , airline companies , and government relagulatory bodies

Corporate Social Responsibility (CSR ) is a theory where group of people considers the result of their activities to the society and taking their responsibility onto it . Their activities involve customers , employees and communities and also the environments that were all covered in their activities . This is to comply with their obligation which aims to further improve and develop the quality of life of the community wherein Heathrow is located . Furthermore , construction of the new runway is also an agreement to which the business considers the society environment , etc , without compromising the stability of the stakeholders . It can be said that a new runway is indeed necessary but this should go through legal and ethical considerations prior to its inception

Factors to Consider

LEGAL . Heathrow expansion concerning legal matters and measures requires the business sector to always have the existing law as its basis for every operation . The business sector has indeed recognizes the power of the government to interfere in its operations when the legal aspect is the concern . The business sector must comply with the established laws which are set to protect the rights of the people . Among the legal mechanisms that need to be secured by the business sector are business permits , sanitary permits , payment of tax , etc

ECONOMIC . The creation of a new runway is evident to the main contribution of the business sector in the economic aspect is its input in the advancement of the economy . The high net income of the business sector the higher it contributes to the whole economy of the country Exporting is one of the main mechanisms of the business sector to aid in the progress of the country . The products sold outside the country would increase the dollar reserved of the country . Investing by global corporations also boosts the economy of the host country . Finally , the business sector provides employments or works for the laborers of the country

ETHICAL . The most fundamental concern in this area is the promotion of human rights specifically the rights of the community which are to be directly affected by the construction of a new runway . Such necessitates the business sector to consider the effects of its operations to the welfare of...

9 pages

46.0 KB

Free sing-up