Thursday, June 13, 2019
Corporate Social Responsibility and the US Economy Research Paper
Corporate Social Responsibility and the US Economy - Research Paper ExampleThe moral minimum anticipates being part of the prevalent business practice and the forces restraints on the high-powered managers of companies (Cornelissen, 2004). The biggest environmental ch anyenge that is facing most industries is development of an account on the environmental responsibilities widely but inwardly the moral minimum to motivate most business compliances. Therefore, this becomes the accepted way of increasing profits in an accepted manner. In US, most companies assimilate corporal social responsibilities as their marketing strategies. In this regard, consumers may decide to purchase the products with reasons that they are supporting the social causes. Due to this, there is heightened financial performance aimed at the corporation through huge consumer profits. In addition, numerous companies have tried to establish social responsible corporate images. Through such techniques, consumers ar e confused either directly or indirectly in supporting the causes. Furthermore, there exists a superior model for sustaining development, which posits that businesses have the moral responsibilities to ensure that the activities are ecologically sustainable. Through this theory, the moral minimum should include ecologically sustainable perspectives. This seeks to reunite the inseparable ecological laws and the moral limits placed on the business activities (Adams, 2002). Businesses recycle the resources in appropriate rates and later compensate the ecosystem due to the losses that the productive capacity posses on its activity. Therefore, this knowledge on social environment perspectives is vital in the management of corporations. Case studies The Minnesota Mining and Manufacturing Company... According to the research findings corporations like the Home Depot and the Minnesota Company has the responsibilities and duties to remain more significant in terms of environmental and soci al responsibilities in enhancing the financial performance. The company makes huge profits in participating and promoting the conservation of the environment. If all the resources involved in deed are used and destroyed then the future success of the company is not feasible. Thus, the two companies promote environment and social responsibilities. They are partaking to remedy the natural environment through recycling some of the products and conserving the natural environment. These two companies have been prospects in preserving the environment basing on the social perspectives to act as recommendation for all our companies. Therefore, the companies should focus on the ways and methods of improving the manufacturing process to reduce all forms of pollution. Companies should also play active roles in the society and further sponsoring the communal projects to better the community. Through this, the companies will thrive both financially and advocate for our social well being in the society. The use of available natural resources in the U.S parsimoniousness has been set in accordance to the satisfaction of the current living standards. Nevertheless, the environmental impacts on the global business have caused increased surveillance of United domain corporations.
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