Corporate Social Responsibility in International Business Operations
presentationposted on 21.07.2014, 00:00 authored by Kaitlyn Jordan
Corporate Social Responsibility (CSR) is an issue that has become very popular among the business world. CSR is known as the concern of, and reply to, issues beyond legal, technical, and economic requirements of the organization. This requires that a firm be held accountable for any of its actions that affect its stakeholders. A corporation's stakeholders are considered all people, communities, and environments that are affected by an organization's actions and objectives. The purpose of this study is to identify the affect that Corporate Social Responsibility has on global operations. This study determines the factors that make up CSR, explores the role multi-national enterprises play in global influence, establishes the harmful effects of not practicing CSR in international operations, and investigates popular American corporations' international consumer social responsibility policies. The methods used were secondary research methods including internet, books, and journal articles. Finally, the conclusion drawn from this research proves that practicing CSR abroad is truly beneficial in all business transactions. Businesses that do not promote Corporate Social Responsibility practices not only harm the future of their organization, but can truly damage a community, the environment, and all social groups involved.