Purchase Solution

Corporate Social Responsibility

Not what you're looking for?

Ask Custom Question

Describe and discuss the means by which a company (other than Honest Tea) engages in CSR and how it derives strategic benefits from its efforts.

Use academic journals and scholarly sources for references. Use in text citations.

response should be between 2-3 pages.

Purchase this Solution
Solution Summary

The answer to this problem explains how the practice of CSR provides competitive advantage to a company . The references related to the answer are also included.

Solution Preview

Corporate Social Responsibility is self-regulation integrated into a business model. This mechanism enables the business to monitor and its performance and ensures compliance with ethical standards, spirit of the law and global norms (1). The company that actively engages in CSR is Whole Foods Market. This company only sells products that satisfy its own quality standards for being natural. The company seeks and sells products that are minimally processed, free from hydrogenated fats and free from artificial flavors and colors. Corporate Social Responsibility means the company goes beyond compliance and undertakes actions that appear to further social good which is more than what is required by the law (2). The company sell products that are free from sweeteners, preservatives, and its own listed unacceptable ingredients. Whole Foods Market also does not sell meat or milk from cloned animals or their offspring. These standards have not been set by the Food and Drug Administration but have been set by Whole Foods Market .Further, Whole Foods Market sells USDA ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
Recent Feedback
  • "I read your comments, and thank you for this feedback. Do I need to find other studies that applied this methodology Ive used? That's where I'm stuck at."
  • "Thank you kindly sir. "
  • "Excellent and well explained. --Thank you kindly. "
  • "Awesome notes. I appreciate you."
  • "I have the follow-up project and I will assign that to you very soon. "
Purchase this Solution
Free BrainMass Quizzes
Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

Basics of corporate finance

These questions will test you on your knowledge of finance.

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

View More Free Quizzes
Related BrainMass Solutions

  • Corporate Social Responsibility:(CSR)

    References: Corporate Social Responsibility: Corporate Social Responsibility and the theories it generates from, Katharina Ruschak, GRIN Verlag, 2012 Corporate Social Responsibility: A Research Handbook, Kathryn Haynes, Alan Murray, Jesse Dillard, Routledge

  • corporate social responsibility and corporate citizenship

    63300 Contrast between corporate social responsibility, corporate social responsiveness, and corporate citizenship. Contrast between corporate social responsibility, corporate social responsiveness, and corporate citizenship.

  • Business Mgmt/ Human Resources

    Further, corporate social responsibility makes the company more socially desirable to work for. Step 5 The case study goes one step forward and requires the HR to create culture of corporate social responsibility in companies.

  • Corporate Social Responsibility of a Fictional Organization

    -Types of communication with stakeholder -The organization's corporate social responsibility -The organization's corporate social responsibility guide -Social issues -Social issues response -Conclusion and reference

  • Southwest Corporate Social Responsibility Assessment

    551428 Southwest Corporate Social Responsibility Assessment How has Southwest invested in and assessed its corporate social responsibility? Where has the company invested?

  • Corporate Social Responsibility and Internet Communication/Information

    Internet and corporate social responsibility. Retrieved from http://www.globalizationstudies.upenn.edu/node/826 Short, B. (2011). Corporate social responsibility, defined.

  • Social Responsibility Significance in Business

    In addition, businesses that have practiced corporate social responsibility have shown sustainability and better corporate performance in the long term. The practice of social responsibility by businesses is mainly self-regulatory.

  • Psychology: Corporate Social Responsibility

    534255 Psychology: Corporate Social Responsibility In your own words what is Corporate Social Responsibility? How does Corporate Social Responsibility relate to a personal mission statement?

  • Does Lexus, BMW or Honda have the Competitive Advantage?

    496655 According to "Strategy & Society: The Link Between Competitive Advantage and Corporate Social Responsibility," is there a correlation between corporate social responsibility and competitive advantage?

  • Overall perspective of CSR

    The overall perspective on Corporate Social Responsibility is that a company may lose out on business objectives if it adheres to Corporate Social Responsibility.

View More Related Solutions