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Examples Of Corporate Social Responsibility

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In my opinion, the term responsible business can be defined as a business or corporation that is responsible for their own actions and activities. Responsible business can be known as the corporate social responsibility (CSR). I would say a business should be responsible to build a positive relationship with the community. A business main aim should not be to gain profit only but to contribute to the society as well. A responsible business has a significant duty to act for the best interest for the society and environment. I believed that a responsible business will have the sense of responsibility towards the triple bottom line which includes the people, planet and profit. As an example of responsible business is Starbucks. I mentioned …show more content…

They failed to provide accurate report as they discarded some of the important points. Takata has expected that no one will found out that they have manipulated the test data and used a cheap chemical in the airbags (Tabuchi & Ivory 2016). However, in a real situation, a first report of a fatality was received in 2004. A consumer from Honda has experienced with an accident where the airbag has exploded causing a defective inflator to detonate by sending shards of its metal casing into the passenger compartment (Tabuchi & Ivory 2016). Tabuchi & Ivory (2016) have stated that a woman got paralyzed during an accident in June 2014 in her Honda Civic after her Takata airbag deployed too powerfully.

As a consequence, Takata airbag scandal has affected every individual from different roles. The individual who was affected by the practice are the victims of the incident. Individuals who have gone through the accidents might lose faith from Takata as they got injured and some even have died (Tabuchi & Ivory 2016). Trudell & Fisk (2016) mentioned that those individuals have filed a law case against Takata or some even have sued this corporation. Since Takata has done the fraud, most of the other individuals have lost their trust and hope from …show more content…

The society, who is the future buyers, might not purchase any vehicle that has manufactured airbags from Takata. The New York Times has stated that the confidence of the public in what was reputed to be an ideal has been severely shaken and they are feeling disgraceful with this Takata’s practice (Tabuchi & Ivory 2016). The society would be concern about their safety first before considering for any Takata’s airbags. The buyers will choose to buy vehicles from car dealers who use the Autoliv manufactured airbags as to get a safe and high quality airbag (Autoliv

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