business law and ethics

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Corporate Social Responsibility

Introduction

Corporate social responsibility (CSR ) forms the basis of the need to support law , ethical principles , and societal norms in an organization This is because CSR defines the responsibility of a business to the environment , customers , and the social good of the local community members (Petkoski Twose 2003 . Such could also encompass company responsibility to its employees and stakeholders as well as other members in the public domain . Proponents of the practice claim of its impact in protecting

and strengthening the reputation of the organization . This is because it promotes confidence of stakeholders customers , employees , and communities to the organization (Lockwood 2004

On the other hand , corporate social responsibility is instrumental in promoting sustainable realization of corporate strategies through assured competitive market and commitment of employee to its goals and objectives . Owing to the importance of CSR to the larger community , laws dictating for such policies have been established . The author gives a critical evaluation of the concept of corporate social responsibility as it relates to the Coca Cola Company . Still discussed in this paper is the importance of CSR and how such are reflected in the corporate strategy of Coca Cola Company

The concept of Corporate Social Responsibility (CSR

Corporate social responsibility is defined as the process of managing the business actions of an organization towards the realization of a sustainable positive impact in the community . In other words , corporate social responsibility encompasses two major issues of consideration by the organization...