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I will pay for the following essay The business of water. The essay is to be 10 pages with three to five sources, with in-text citations and a reference page.Download file to see previous pages... Inv

I will pay for the following essay The business of water. The essay is to be 10 pages with three to five sources, with in-text citations and a reference page.

Download file to see previous pages...

Investopedia defines it as a corporate proposal to both assess and take blame for effect of company’s activities on social welfare and environment. This term usually applies to the efforts made by a company that steer away further and may be needed by environment protection groups and regulators. The Corporate social responsibility may also be known as “corporate citizenship” and can take into account sustaining short-term costs that do not give a direct financial gain to company but foster positive environmental and social change (Investopedia, 2013). Most of the companies enjoy immense power in community and national economy. They organize many of their assets and have billions of dollars at their disposal for social investments for the purpose of corporate social responsibility. ...

The aims of this assignment are to critically assess various theories pertaining corporate social responsibility based on CSR four part model in accordance with Business of water case. and to critically evaluate the affect of demand and supply of water on corporate social responsibility initiatives such as Partnership agreements as mentioned in the case (Investopedia, 2013). Task 1 In 1979, Carroll classified Corporate Social Responsibility in a paper on performance of corporate culture in which he gave out four theories of corporate social responsibility: legal, ethical, discretionary, and economic. These four layers show that business history gives a premature emphasis on legal and economic aspects first and then on discretionary and ethical aspects of CSR. In 1991, he first presented this model of CSR in the form of a pyramid as the following figure represents. It was proposed that even though all the components are not found to be mutually exclusive, it assists the manager to visualize the varying kinds of duties which are in relevance to each other (CSRQuest, 2013). (CSRQuest, 2013) In 2004, Carroll tried to take into consideration the stakeholders’ viewpoint. Economic responsibility holds the idea that one should do what global capitalism asks him to go. Legal responsibilities contain that company’s usually only do what global stakeholders want them to do. Ethical responsibility says that do what global stakeholders expect you to do. The philanthropic responsibility however believes that do what global stakeholders require you to do. This was the overall emphasis by Carroll (CSRQuest, 2013). This four-part model of CSR has been immensely cited and used in literature.

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