Example Of Corporate Social Responsibility

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According to Philip (2004) In the recent past corporate companies have embraced social responsibilities, companies are viewed as profit maximizing institutions. Social responsibility consists of mounting businesses with an optimistic affiliation to the public which they do business in. the relationship between the corporate companies and environment in which they operate is crucial factor in their capacity to maintain their operations effectively. Companies are viewed by their social responsibilities; this improves the image of the company.
Philip (2004) affirms that many corporations have made social responsibility a vital element of their business models. Some financiers use a corporation’s social responsibility work as an investment decisive …show more content…

A corporation needs to be principally apprehensive with making a profit. This is to ensure that employees are remunerated well and a company will be able to carry out its corporate social responsibility. Before a corporation does any corporate social responsibility it has to be profitable
Legal Responsibilities
A corporation's legal duty is to obey the laws of the country the business operate in. companies should abide to the laws so as to ensure there is no friction between the company and other institutions. A company should abide by the environment laws to ensure that there is no pollution that will affect the masses. Labor laws are essential to ensure that a company does not mistreat its employees

Ethical Responsibilities
A company has a duty of being ethical; this involves various practices that the corporations should adhere to. Though ethics are not governed by any laws a company should ensure it is ethical to improve on its image. Ethical duties could comprise of being environmentally cautious, paying just salaries. Companies should do business with companies that are considered …show more content…

They entail making an effort to benefit the society at large. I will focus on Coca-Cola philanthropic responsibilities in Africa. Coca-Cola continuously audit their business to ensure all aspects comply with the code of Ethics.
Coca-Cola has been running a football tournament in Africa for more than a decade. The tournament is dubbed Copa Coca-Cola. Coca-Cola has sponsored the program and rewarded the kids who are most skilled in football with scholarships to the best football academies in Europe.
This initiative by Coca-Cola has seen many footballers player in top leagues in Europe. The footballers have helped their communities in various ways. The Copa Coca-Cola has been used over the years to raise awareness on certain issues affecting the youth in Africa.
The concept of reaching out to less fortunate families in Africa through football is a noble idea by Coca-Cola. The ripple effect is great as many families in Africa escape poverty. In South Africa the 2015 Copa Coca-Cola tournament is promoting healthy living through

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