Defining Corporate Social Responsibility Essay

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24-7-custom-writing-serviceDefining Corporate Social Responsibility Assignment

Defining Corporate Social Responsibility; Reaction Paper

 

 

            Although corporate social responsibility (CSR) has been identified as a core business practice for the past few decades and it is commonly used by international organizations, there is no agreement regarding how to define and implement CSR in the businesses, society, and academia. The challenge of defining the term CSR can be problematic for a corporate community that is required to observe CSR and is gauged depending on the activities it performs with respect to the concept. In an attempt to generate a suitable meaning for CSR, O’Connor, Shumate & Meister (2008) develop a study that evaluates the perspectives of CSR amongst active moms in the business arena. Their research reveals that CSR is a collection of corporate campaigns and practices that focus on issues that impact the lives of people, a consistent and lengthy process, linked to core business practices, evaluated based on emotionality and rationality, and is different from philanthropy.

            The authors adopt a useful approach to defining CSR by incorporating the values and beliefs of stakeholders. Business stakeholders are the people who are directly or indirectly affected by the activities of a company. They also have a huge stake in determining what the corporation should do and how it should behave towards them. However, it is not mentioned in the article why the authors decided to focus on the perspectives of the active moms. What makes them a unique stakeholder population? But, there is no doubt that active moms provide useful ways of defining CSR, which can be advanced to eliminate the controversy and confusion in the business world. The CSR activities of a firm should positively influence the lives of the residents. The practices can address critical social, health, financial, and political issues, such as disparities in medical care, poverty, child care, and breast cancer (O’Connor, Shumate & Meister, 2008). CSR should not be a one-time thing. The company should strive to consistently improve the lives of the stakeholders in the long-run. ..........GET AN AFFORDABLE PLAGIARISM FREE COPY