Answered You can hire a professional tutor to get the answer.
Write a 10 pages paper on theories of the four-part model of corporate social responsibility.
Write a 10 pages paper on theories of the four-part model of corporate social responsibility. In the present day context, the business scenario has changed to a large extent due to factors that include globalization and advent of technology. In this regard, organizations with the aim of conducting their operations with better sustainability are focusing on the concept of Corporate Social Responsibility (CSR) policies. Organizations of varied sectors are performing CSR activities to enhance their sustainability. CSR is regarded as a vital aspect of the development of a corporate identity. Nowadays, public as well as private organizations are taking effective steps in performing social activities to enhance their brand image and to conduct operations with better social initiatives for the development of a community as a whole (Hohnen & Potts, 2007).
In the year 1996, Oman Oil Company (OOC) was established and it is owned by ‘Government of the Sultanate’. The company deals with petroleum products and natural gases. Contextually, OOC is regarded as the main base of the Omani economy. The company is also considered as an important source of Foreign Direct Investment (FDI), which is accountable for the development of the economy as a whole. In addition, the company has participated in CSR activities in national as well as international level. The company has adopted CSR policy as an integral part of business strategy with the aim of ascertaining that business operations are performed for the development of communities as a whole. Every year OOC contributes millions of funds for local community development. Moreover, it is worthy to state that OOC has achieved awards for its CSR activities in national levels. As a part of the CSR activity, OOC developed a partnership with “Oman Society for Petroleum Service (OPAL)” to provide technical and vocational training to local youths and its present employees (Oman Oil Company, 2012).
