Question: Hello, could someone please assist with this question.When we look at Corporate Social Responsibility, think about some of the companies you frequent. When looking at
Hello, could someone please assist with this question.When we look at Corporate Social Responsibility, think about some of the companies you frequent. When looking at these companies, do they put forth a message that they are socially responsible? If so, how? Do you feel that they are doing so to "help their fellow man", or simply to make a profit? Support your answer. This is my classmate answer: Kohls is a large company that values CSR through its programs allowing employees to volunteer at local businesses while being paid (Kohls Corporation, 2017). Through this initiative, not only do community businesses and charities benefit, but the employees who participate are also an example to their families. Additionally, Kohls is taking steps to systematically retrofit stores to be ENERGY STAR certified, with a goal to have 1000 stores qualify for this rating (Kohls Corporation, 2017). and this is a question that was asked. Great initial start to the week. If these companies chose or otherwise decided to act in a different manner, how might their overall employer/customer relationships be effected? JC Penney is another large company realizing the value of CSR. Through its recent report on CSR, JC Penney has a goal of recycling 85% of its waste by 2010, and is currently over the 80% mark (GlobeNewswire News Room, 2017). The company also allows its employees volunteer hours and has a policy surrounding responsible and ethical sourcing of its textile products (GlobeNewswire News Room, 2017). These companies recognize the value of CSR to promote a healthy work environment and facility that reduce global footprints with energy efficiency and recycling. Also, allowing employees to volunteer, and still be paid, shows that the employees are valued, promoting social responsibility to the employees and their families through this generous benefit. In turn, the companies that receive the volunteer hours are provided value. This goodwill exceeds the cost to Kohls and JC Penney, and will be a good return on investment with stakeholders (Birkinshaw, Foss and Lindenberg, 2014, p.52). More profit may follow with better employee retention and commitment, as well as community engagement and respect for the company policies.
This is the question I need and answer for: If these companies chose or otherwise decided to act in a different manner, how might their overall employer/customer relationships be effected?
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