Prior to participating in the discussion, read the following articles:Clothing Keeps Getting Cheaper, and Factory Workers Are Paying the PriceStudy Finds Racial Discrimination by Airbnb HostsThe Hershey Company – ResponsibilityThen, in this discussion, reflect on how CSR and ethics impact corporate value in the corporation you selected for your final project. As you write your initial post, be sure to address the following topics:The positive and negative impact of CSR and ethicsDirect and indirect impacts (i.e., unethical behavior in terms of financial structure can result in regulatory and legal challenges)In your responses to classmates, thoughtfully critique the responses from others. How you can apply your personal experiences to aspects of CSR and ethics from their posts?
Response to roshawn
Hi everyone,
Positive and negative impacts of CSR and ethics
One of the most significant positive impacts of corporate social responsibility for Apple Inc. is its ability to integrate
the society to impact on it positively. CSR helps businesses to carry out their operations ethically which facilitates
their ability to ensure that community is well impacted upon. For example, Apple Inc. has integrated a considerably
high population of IT graduates that help to ensure that the organization makes the most recent inventions. As such,
the organization ensures that the community around where it runs its operation benefit positively. The community
benefits in that the rate of unemployment is significantly reduced and the fresh graduates earn an income that they
can use to support their families.
Secondly, the fact that Apple has included CSR and ethics to guide their operations has resulted in the organization
safeguarding its image in the public domain. Through treating their employees fairly and offering them sufficient
remuneration, Apple has created itself an image in the eyes of the general public. As such, there are high numbers of
customers that are impressed by the way the organization treats its customers. Therefore, they purchase products that
are manufactured by the organization. Therefore, the value of the organization continues to increase regarding
revenue generated and profits that are garnered. Therefore, the organization has only prospects of growing and
becoming more established.
There are however negative impacts that result from CSR and ethics of Apple Inc. The strict rules that have to be
adhered to have reduced the level of freedom that employees have while at work. Therefore, there is minimal
employee integration with management at various levels. Additionally, the management takes a hard stance and
employees that engage in activities that go against the ethics of the company are dismissed and not given a second
opportunity. Such a guideline has resulted in too many people failing to take a job in the organization for such fear.
Direct and indirect impacts
Creation of a better working environment
Corporate social responsibility ensures that the management of Apple has created an excellent working environment
where interactions between and among employees be it junior or management are well regulated. Through the
efficient communication with employees, it becomes possible to carry out production activities to quality that is
required as to meet the existing needs of the customers. Therefore, CSR and ethics ensure effective integration
among departments as to come up with a product that meets and goes beyond the set standard to positively influence
the customer experience.
The integration with relevant agencies in the economy
Upholding CSR and ethics has a direct impact on the relations that Apple Inc. creates with the labor agency and
other stakeholders. By respecting the ethics that guide their operations, Apple ensures that they interact with all
necessary factors as per stated by the law. Therefore, the organization has very few if any lawsuits against it for
failing to abide by the set rules and regulations by the relevant agencies. The lack of lawsuits has positively
improved the image of the organization in the market making its products become popular day after day.
Additionally, the organization has effectively created good relationships with other organizations in the same
industry resulting to healthy competition that ensures the creation of value for the company and the customers that
purchase its products.
References:
Clothing Keeps Getting Cheaper, and Factory Workers Are Paying the Price – Bloomberg. (n.d.). Retrieved
from https://www.bloomberg.com/news/articles/2016-10-27/clothing-keeps-getting-cheaper-and-factoryworkers-are-paying-the-price
Study Finds Racial Discrimination by Airbnb Hosts – Bloomberg. (n.d.). Retrieved from
https://www.bloomberg.com/news/articles/2015-12-10/study-finds-racial-discrimination-by-airbnb-hosts
The Hershey Company | Responsibility. (n.d.). Retrieved from
https://www.thehersheycompany.com/en_us/responsibility.html
Thank you,
Roshawn Evans
Response to jorge
Today, there is a growing interest in and demand for Corporate Social Responsibility (CSR). Reasons for this can be
multinational corporations’ increasing influence on the world economy as well as scandals revealing horrible
working conditions in different industries. Although the demand for CSR is growing, there have always been critics.
It has led to us wanting to find out how CSR can influence customer perceptions on a product or service offering,
and how these influenced perceptions affect company performance. To make concrete our problem, I have chosen to
use Apple, Inc as my example. The choice of the industry has its reasons for an increasing public interest technology
and all the features/ accessories offered with the full range of products.
A CSR policy improves company profitability and value. The introduction of energy efficiencies and waste
recycling cuts operational costs and benefits the environment. CSR also increases company accountability and its
transparency with investment analysts and the media, shareholders, and local communities. The main disadvantage
of CSR is that its costs fall disproportionally on small businesses. Major corporations can afford to allocate a budget
to CSR reporting, but this is not always open to smaller companies with between 10 and 200 employees. A small
business can use social media to communicate its CSR policy to customers and the local community.
Companies nowadays are cautious about their operation’s environmental procedures; some people are making big
conglomerate accounts for their practicing, and executives are noticing this sentiment. But the more significant
problem is companies look for countries with relaxed environmental law and cheap labor to maximize profit. The
clothing industry is one of the substantial pollution contributors. Please watch youtube link is about the ugly truth of
fast fashion. We are the ones to blame since supply and demand consist of the demand of the costumers “us”
companies want to make as much profit as fast as they can, and they just cut corners to provide their products to
customers.
Consumers are drawn to those companies that have a reputation of being a good corporate citizen. Research at
Tilburg University in the Netherlands showed that consumers are prepared to pay a 10% higher price for products
they deem to be socially responsible. Greenwashing is a term used to describe corporate practices that appear to be
environmentally responsible without representing a change in how a company conducts its business. Even for larger
companies, the cost of CSR can be an obstacle. Some critics believe that corporate social responsibility can be an
exercise in futility. A company’s management has a fiduciary duty to its shareholders, and CSR directly opposes
this, since the burden of executives to shareholders is to maximize profits. A manager who forsakes earnings in
favor of some benefits to society may expect to lose his job and be replaced by someone for whom advantages are a
priority.
References
Kielmas, M. (2019, March 4). Pros & Cons of Corporate Social Responsibility. Retrieved from
https://smallbusiness.chron.com/pros-cons-corporate-social-responsibility-56247.html
Over-regulated America. (n.d.). Retrieved from https://www.economist.com/leaders/2012/02/18/over-regulatedamerica
The Ugly Truth of Fast Fashion. https://www.youtube.com/watch?v=xGF3ObOBbac&t=6s

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