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What is the primary purpose of a for-profit corporation

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Reference no: EM131458686

Case - Corporate Social Responsibility: A Critical Approach

Review this article on Corporate Social Responsibility: Freeman, R.E. & J. Liedtke (1991) Corporate Social Responsibility: A Critical Approach. Business Horizons. Jul/Aug91, Vol. 34 Issue 4,

It is tempting to praise the benefits of CSR. After-all, who wouldn't want to help the community or environment? However, what is the primary purpose of a for-profit corporation? Using the concepts learned in the required readings, discuss whether a company should attempt to solve the world's problems, while at the same time working towards a profit for the shareholders.

250 words in APA format. Citations and intext-citation. Please remember that each paragraph most be at least 3 sentences.Use term words from the chapter 11 & 12 readings.

Readings:
1) Peng, M. (2014). Global strategy. Mason, Ohio: South-Western.

Chapter 11 Governing the Corporation Around the World

Chapter 12 Strategizing with Corporate Social Responsibility

Freeman, R. E., &Liedtka, J. (1991). Corporate Social Responsibility: A Critical Approach. Business Horizons, 34(4), 92-98.

2) Betts, S., Laud, R., Mir, R., &Vicari, V. (2012). THE PARADOX OF STRUCTURE AND CONTROL IN THE MULTINATIONAL CORPORATION: DO WE HOLD TIGHT OR LET GO? Allied Academies International Conference.Academy for Studies in International Business.Proceedings, 12(1), 1-5. Retrieved from https://search.proquest.com.ezproxy2.apus.edu/docview/1272095097?accountid=8289

3) Wiersema, M. F., & Bowen, H. P. (2008). Corporate diversification: the impact of foreign competition, industry globalization, and product diversification. Strategic Management Journal, 29(2), 115-132.

4) Sousa Filho, José Milton de, Wanderley, LilianSoaresOuttes, Gómez, Carla Pasa, &Farache, Francisca. (2010). Strategic corporate social responsibility management for competitive advantage. BAR - Brazilian Administration Review, 7(3), 294-309. https://dx.doi.org/10.1590/S1807-76922010000300006

5) Kashmanian, R. M.; Wells, R. P.; Keenan, C. (2011) Corporate Environmental Sustainability Strategy: Key Elements. Journal of Corporate Citizenship 2011(44) doi: https://dx.doi.org/10.9774/GLEAF.4700.2011.wi.00008

6) Lucas, M. T. (2010). Understanding environmental management practices: integrating views from strategic management and ecological economics. Business Strategy &The Environment (John Wiley & Sons, Inc), 19(8), 543-556. doi:10.1002/bse.662

7) Mustafa, S.A., Othman, A. R, Perumal, S. (2012) Corporate Social Responsibility and Company Performance in the Malaysian Context. Procedia - Social and Behavioral Sciences. 65(897-905) doi:

https://www.researchgate.net/publication/271561178_Corporate_Social_Responsibility_And_Company_Performance_In_The_Malaysian_Context

8) Tingchi Liu, M., Anthony Wong, I., Shi, G., Chu, R., & Brock, J.,L. (2014). The impact of corporate social responsibility (CSR) performance and perceived brand quality on customer-based brand preference.The Journal of Services Marketing, 28(3), 181. Retrieved from https://search.proquest.com.ezproxy2.apus.edu/docview/1652829392?accountid=8289

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In this we have to read an article based on Corporate social responsibility and then provide the advantages of CSR, provide some example and explain whether a company should attempt to solve the world's issue or not.

Reference no: EM131458686

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inf1458686

5/2/2017 6:30:28 AM

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inf1458686

4/27/2017 6:05:27 AM

1. Since spending money on community issues involves making profit, one cannot spend money on CSR if they do not have it, to what degree should corporations be regulated into supporting CSR efforts outside the company? 2. Social responsibility can come with a cost to a business because businesses have a tendency to internalize the costs of the actions of social responsibility and as a result their competitive position in relation to their business can be affected. Do you think a business like Walmart (social responsibility), would be able to solve the worlds problems so to speak and still work towards a profit due to their many resources and capital?

inf1458686

4/27/2017 6:05:17 AM

see attached reading chapters. Thank you 22694516_1Chapter 11 Governing The Corporation Around The World.pdf 22694548_2Chater 12 Strategizing With Corporate Social Responsibilites.pdf I attached a PDF file of the article to review but there is not citations of this article in the paper. Also, none of the reference provided were used. Thank you This is the article's name Review this article on Corporate Social Responsibility: Freeman, R.E. & J. Liedtke (1991) Corporate Social Responsibility: A Critical Approach. Business Horizons. Jul/Aug91, Vol. 34 Issue 4, Freeman, R. E., & Liedtka, J. (1991). Corporate Social Responsibility: A Critical Approach. Business Horizons, 34(4), 92-98. hi can you ask the expert to add additional work for this solution. I will pay additional for 150 words.

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