Briefly discuss Impact of corporate social responsibility (CSR) on contemporary organizations.
About this Assignment
As you learned in this course, Corporate Social Responsibility is a part of the study of business ethics because CSR is an integral part of an organization’s obligations to society. In an APA formatted 1200 – 1500 words double-spaced paper (excluding cover and reference pages), analyze the impact of corporate social responsibility (CSR) on contemporary organizations.
Essay Prompts
Students will write a paper that analyzes the impact of corporate social responsibility on contemporary organizations. The five questions below will serve as a guiding outline of sorts, and a good paper will answer all questions thoroughly. A minimum of five sources should be included.
Explain the concept of corporate social responsibility (CSR) and how it differs from business ethics.
Propose the benefits of effective CSR. For example, does effective CSR boost the bottom line? If so, why? Does an effective CSR program impact attracting talent to the organization? Can CSR attract investors?
Contrast those benefits with any drawbacks to CSR. For example, how do organizations balance shareholder and stockholder interest? What are the costs of creating and maintaining a CSR program?
Identify the role of organizational values in CSR.
Now that you have looked at the pros and cons of CSR and the role of organizational values, add the dimension of globalization and analyze the overall impact of CSR on contemporary organizations. What do organizations need to consider in terms of international ethics? What are the cultural dimensions relevant to CSR?
Using Sources
You may refer to the course material for supporting evidence, but you must also use at least five credible, outside sources and cite them using APA format. Please include at least two sources from scholarly peer-reviewed journals. If you use any lessons as sources, please also cite them in APA (including the lesson title and instructor’s name).
Scholarly journals, such as Business Ethics or the Journal of Business Ethics, are examples of peer-reviewed journals. You may use JSTOR, Google Scholar, and Social Science Research Network to find articles from these or other journals. Secondary sources may also come from reputable websites with .gov, .edu, or .org in the domain. (Wikipedia is not a reputable source, though the sources listed in Wikipedia articles may be acceptable.)
