Corporate Social Responsibility for Medium-Sized Companies Assignment

Corporate Social Responsibility for Medium-Sized Companies - Assignment ExampleFor this reason, there is get on for CSR activities and an enhanced action plan with the stakeholders. Employees, investors, customer and suppliers ar part of the internal circle. At Pured, workforce existence 160 results in diminished employee inefficiencies and friction. However, employee-focused workshops can be arranged on a quarterly undercoat so that any unwanted stir-ups or potential inefficiencies can be eliminated. Since every employee adds value to the cryptic nature of union operations any disruption can do more harm than it would in a large enterprise. Subsequently, labour unions will also be content with Pureds employee management. As for customers and suppliers, the worldwide rule of thumb should be honesty and respect of commitment. Since the company values all its contributing stakeholders, customers and suppliers requisite utmost deliverance. If things are optimum with the supplie r, the positive effect will trickle down to the customers. Exclusively for customers though, ethically-aware publicizing and quality importanttenance are most important. Pureds 68% public ownership roughly amounts to 4000 shareholders. roughly important points should be taken into account here. Pured, being a public corporation, must try to nourish the investors up-to-date about the financial and overall situation of the company the financial reports should be transparent. When it comes to secondary stakeholders, however, governing body laws and taxation duties should be top priorities for Pured. The tax bracket needs to be re-evaluated since the company has grown from a small company to medium-sized company. At the end of the day, indirect stakeholders influence the company in many ways, hence, mixer developmental activities and external parties should be considered as well. The factory is located on the outskirts of the city and there has been sizable allotment of funds tow ards a greener way of manufacturing techniques. This can be reasoned with the fact that one of the main motivations for small businesses to be socially responsible is reputation (Six Key Issues on Corporate Social Responsibility, 2003). As the new CEO, I find it necessary to make sure this green approach is implemented. The outskirts of the city are also home to various fruit and dairy farms. Hence, this calls for environmentally-friendly processes at the factory. Emissions should be cut to minimum and recycle should become part of company values. This could very well create a positive image of the company especially among local residents that might include employees who live nearby. Also, recycling and green processes would help save be in the long-run. Recycling will help save costs in the raw material purchase. In future, the filling machines and packaging automated systems can be run on solar power. Apart from that, CSR activities are also important. For large companies, there are a lot possible avenues for social deliverance such as educational institutes, entertainment industry and government welfare projects. But, sponsoring and funding social campaigns on a large basis are difficult for small and/or medium companies however, small contributions can be made to potentially needy class of society. Brand recognition is vital here since our products are beverages, we