Through the System of Environmental Management, both groups have done many activities in order to advance a green. ... Management of Natural Resources Moreover, this group has done responsible management on natural resources which consists of a commitment toward utilizing, environmental protection, improvement of resources in viable manner. ... Water Management Besides that, the company also concerned about the management of water resources and embraces the industry's best experience to modify the water utilization. ... Soil Management Furthermore, the company has supported the industry...

• Word Count: 3719
• Approx Pages: 15
• Has Bibliography
• Grade Level: Undergraduate

On the other hand, Vogel also stated, "Being socially responsible can go hand-in-hand with being financially responsible" and gave the example of solar power companies, which have a social idea on the core of the company´s business strategy. 7 Regarding this last point, CSR must go from a "marketing tool" point of view to a a "management idea" as it is a model for directing the activities of companies and other organizations. What is applied for management ideas in general thus largely applies also for CSR, besides; it has been demonstrated that social responsibi...

• Word Count: 2852
• Approx Pages: 11
• Has Bibliography
• Grade Level: Undergraduate

Now that there is evidence that CSR has positive impact on business economic performance, businesses are more than willing to adapt to these new practices (Overview, 1) "[A] 2002 DePaul University study-showed that overall financial performance of the 2001 Business Ethics Best Citizen companies was significantly better than that of the remaining companies in the S & P 500 Index- (Overview, 2) Research shows that these firms outperform their peers financially-which means that they represent superior management. ... Another criticism that comes from employees is for upper management to put less...

• Word Count: 3324
• Approx Pages: 13
• Has Bibliography
• Grade Level: Undergraduate

As Pfizer, a multinational corporation, we have certain ethical responsibilities. There are two traditional stakeholder theories by which my company may operate. One is the ownership theory. The ownership theory is mainly focused on making a profit: maximizing shareholder returns and making as much money as possible for those who own stock in the firm. This theory is ethically wrong because it only accounts for stockholders and owners as true stakeholders of the firm. ...

• Word Count: 3015
• Approx Pages: 12
• Grade Level: Undergraduate