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Write a 4 page essay on Ford Explorer: Defective Tires.Consequently, the above activities should focus on benefiting the direct and peripheral participants. For example, a business entity could spare
Write a 4 page essay on Ford Explorer: Defective Tires.
Consequently, the above activities should focus on benefiting the direct and peripheral participants. For example, a business entity could spare some of its profits and build a charity instead of using the funds to expand its business operations. It is imperative to note that it is both a legal and social obligations for companies to engage in such Cooperate Social Responsibility (CSR) activities. Consequently, most organizations focus on similar responsibility actions for example supporting activities that seem to protect the environment (Pomering &. Johnson 2009). In addition, there are many strategies, which companies employ in order to execute the above CSR phenomenon in a successful manner. For example, a business organization could opt to outsource a company, which in turn assists in the company’s societal responsibility. Alternatively, the company could include a permanent department in its structure. Such a permanent structure could perform all activities, which involve improving the public relations of the company. Evidently, the aim of most activities is to increase the individual company’s profits by improving its diverse public image. Finally, individuals who benefit from activities of corporate responsibility always aspire to engage in business deals with the respective companies hence the importance of CSR (O’Malley, &. Robertson, 2001 P. 2). ...
Most reports indicate that in the past companies displayed bias in choosing the corporate responsibility activities hence the relevance of Carroll’s Model (Evans, Geraldine &. Robertson, 2001). Moreover, recent modifications of the model suggest the inclusion of stakeholders in achieving the company’s social responsibility activities. In particular, the above model gives much attention to the economic dimension of CSR because most operations require monetary assistance in order to realize their successful execution. With the help of this particular model, top management is able to realize the importance of including the four facades of CSR. When they do that, there is a significance reduction in complaints about prejudice in the operations of the organization. Further, the model includes the concepts of moral managers whose work is to avoid the company facing such allegations as unethical claims. In addition, the model mentions moral, immoral, and amoral categories of managers whose approaches to issues of CSR are different (Govindaraj, Jaggi &. Lin 2004). Summary of what happened in the situation Ford Explorer is a company that began its operations in Michigan on June 16 1903 although it had its foundation in 1899. The main product of the Ford Company is different varieties of motor vehicles, which it improves, from first generation to sixth generation vehicles. Consequently, the company trades with the Brazilian regime, monetary institutions and different motor shows (Good news for ford explorer owners 2000). Moreover, the organization’s profits decrease because of mismanagement issues. There was a recent restructuring of the company’s operations in 2009 to facilitate an increase in profits.