Explain the concept of corporate social responsibility

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Reference no: EM131991497 , Length:

Contemporary Management Issues Assignment -

This assignment will assess learning outcomes:

1. Demonstrate a systematic understanding of modern developments within business management (Knowledge & Understanding);

2. Justify the recommendation of alternative approaches to management (Knowledge & Understanding);

3. Demonstrate knowledge and application of international standards relating to sustainability, values & norms, and business ethics within a global context.

The Task - Choose a business company in the Sultanate of Oman and evaluate how the company manage and apply their Corporate's Sustainability and Corporate Social Responsibility to answer the following tasks:

Company - "OMAN Liquids Natural Gas Company (Oman LNG)"

1. Discuss comprehensively Elkington's (1999) Triple Bottom line of Sustainability. Critically evaluate the sustainability of the chosen company in terms of economic, social and environmental perspectives in relation to its stakeholders like shareholders, employees, customers, suppliers, government and the general public. Give relevant examples to substantiate the discussion.

2. Explain the concept of Corporate Social Responsibility according to Caroll (1991). Critically assess the Corporate Social Responsibility of the chosen company applying the four part model of CSR according to Caroll. The four part model of CSR are as follow:

2.1 Philanthropic responsibilities

2.2 Ethical responsibilities

2.3 Legal responsibilities

2.4 Economic responsibilities

You are required to give examples or scenarios which are being used by the company to support the discussion.

Criteria and Steps -

1. Introduction

  • Background of the company
  • Objectives of the assignment

2 Discussion of Sustainability

  • Discussion of Triple Bottomline of Sustainability.
  • Critical evaluation of the sustainability of the chosen company in terms of economic, social and environmental perspectives in relation to its stakeholders.
  • Relevant examples used to support the discussion.

3 Discussion of Corporate Social Responsibility

  • Discussion of the concept of Corporate Social Responsibility.
  • Critical assessment of the company's Corporate Social Responsibility applying the four part model of CSR.
  • Use of relevant examples/situations to substantiate the discussion.

4. Conclusion

  • Conclusions and Recommendations must convince the reader that they jibe with the objectives of the assignment.

5. References

  • Implementation of Harvard referencing system (minimum 10 references).

Verified Expert

The assignment highlights the importance of contemporary business management and the issues that are most common for the business organisations. The concept of sustainability and corporate social responsibility has been discussed for understanding the importance of these for business organisations to carry forth their business actions. The initiatives taken by Oman LNG to meet the sustainable development of the company and to maintain corporate social responsibility has been briefly discussed.

Reference no: EM131991497

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Reviews

len1991497

5/22/2018 1:58:12 AM

Subject: Business Management. No Of Pages/Words: 2500 word. Message: Hello Experts, We have to choose a business company in Sultanate of Oman. And I choose "OMAN Liquids Natural Gas Company” - Oman LNG. - I attach all the Criteria and Steps. Please provide the Example's for same steps in the instruction. 20 Reference I Harvard Style: - 5 from books -5 from journals -5 from Articles -5 from Internet Web.

len1991497

5/22/2018 1:58:06 AM

You should hand in one copy of your assignment by the time and date mentioned above to the appropriate `hand-in location' at the Gulf College. Fill in the front cover (staple together with your assignment). MAKE SURE that you fill in all the relevant details on this form. An acknowledgement will be given to you upon receiving your assignment. This is your receipt, keep it. You can submit work by post, but you must send it recorded delivery, it must be postmarked two days before the deadline date and a copy must be kept by you in case it is lost in the post. Faxed assignments will not be accepted.

len1991497

5/22/2018 1:58:01 AM

Assignments must be submitted by the due date. The only circumstance in which assignments can be submitted late is if an extenuating circumstances form is submitted at the same time. In these circumstances work may be submitted up to 5 days only. If the extenuating circumstances are upheld. the assignment will be graded; otherwise a 0 will be awarded. Maximum Word Length: Maximum Word Length: 2500 words.

len1991497

5/22/2018 1:57:56 AM

State the number of words used at the end of your assignment. You may include diagrams, figures etc. without word penalty. A sliding scale of penalties for excess length will be imposed according to the amount by which the limit has been exceeded. NB. None of the above penalties will be used to change a student mark which is above the pass mark, to one that is below the pass mark. Therefore the maximum penalty for exceeding the word limit will be a reduction to a pass grade.

len1991497

5/22/2018 1:57:49 AM

Assessment Criteria - To achieve a 'Pass' grade of 40% or above - In order to achieve a pass grade, the student will have demonstrated an understanding of the concepts and principles of business tourism. The work produced must apply appropriate business tourism planning and events in order to address the areas specified in the assignment. There should be also a clear evidence of research and reading, with reference to appropriate sources. To achieve a grade of 70% or above - In order to achieve a grade of 70% or above, as well as satisfying all of the outlined criteria for a 'pass', the student must demonstrate a detailed understanding and application of the concepts and principles related to business tourism. The submission will be well organised and contain all relevant data. It will show evidence of appropriate investigation including research from a range of academic literature and other secondary sources of information. Detailed answers will be given to each of the questions with appendices where appropriate. There will be an evidence of wider reading through appropriate supporting references.

len1991497

5/22/2018 1:57:05 AM

Guidelines to Students: Style and Format - Write down the exact number of words at the end of your essay. You may include diagrams, figures, appendices etc. without word penalty. A sliding scale of penalties for excess length will be imposed. The first page must be designed as a cover page name, student ID and batch. Computer format is compulsory. Make sure you use a consistent format for your essay (font. font size, margins etc.).

len1991497

5/22/2018 1:56:48 AM

Referencing Style for the Assessment - In the text of your assignment if you quote directly from an article, journal or book this should appear in quotation marks ("..."). The source should then be acknowledged by stating the author's last name and date in brackets at the end of the quotation, e.g. (Rushmore & de Roos, 2002). If you paraphrase or reword from a journal, article or book the source should either be acknowledged within the sentence, e.g. According to Kasavana & Brooks (2001), revenue management is or at the end of the sentence before the full stop, e.g. (Kasavana& Brooks, 2001). At the end of the assignment all references should be listed on a separate page headed REFERENCES. Make sure that all references are complete; and that all references mentioned in the text are given in the list of references and vice versa. Any items not cited should be listed separately under BIBLIOGRAPHY or FURTHER READING using the Harvard referencing style.

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