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The dangers and the benefits of corporate social responsibility
The dangers and the benefits of corporate social responsibility
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Verizon’s CSR shows the strategy dimension of ‘high centrality’ (Burke and Logsdon 1996). It can be found that some of Verizon’s CSRs are targeted to improve the environment, which includes reducing the carbon footprint, helping customers reduce their energy use and environmental impact and so forth (Verizon 2015). The effort that Verizon takes towards society shows that Verizon’s CSR is highly central with their purpose which is to sustain the environment (Verizon 2015). Verizon’s CSR strategy is to be economically efficient and its CSR helps to reduce the operating cost and deals with environmental issues (Conley and Williams 2005). In this way, Verizon shows satisfactory CSR performance.
Walt Disney was one person who was greatly impacted by the free enterprise system, and who greatly impacted the buisness world. Ho was not only the pioneer of animation, but he has built two multi-million dollar theme parks, that many people today enjoy and come from all over the world to see. Most people think that you have to be rich and have lots of money to become an entrepenur, but many people start off with nothing at all, that was the case with Walt Disney. He started off with nothing, living out of his office and eating cold beans before he became the successful entrepeneur he is today. "if you can dream it, you can do it," was a quote Walter lived by an it must have been a big help in getting him where he needed to be, but he didn't
Many people think, or group Disneyland, and Disneyworld together, however they have many different attributes. For example, they are each on the opposite sides of the country, the biggest similarity is the fact that they both have the theme of Disney. Disneyland was the original park with 18 attractions on opening day on July 17, 1955. Disneyworld on the other hand opened on October 1, 1971. The size is also a huge difference, Disneyworld is 43 square miles, and covers the four Disney parks, Magic Kingdom, Epcot, Disney’s Hollywood Studios and Disney’s California Adventure, and is about twice the size of Manhattan, whereas Disneyland is only 500 acres and only covers Disneyland park, and Disney California adventure.
To compare and contrast two memorable moments in my life is a difficult challenge for me. I have decided to choose my trips to Disney World and Universal. While both of these magnificent, magical places are located 8.5 miles from each other they are fairly similar and enormously different. Disneyworld is located in Florida, more precisely Kissimmee, but since it’s a suburb of Orlando, most people just say it’s in Orlando.
Although other companies have given donations to scholarship funds, Walt Disney Corporation is willing to help Hispanic children who cannot afford to go to college. Disney's donation increases the number of scholarships and the company is highly regarded as being socially responsible. Our children deserve an education at the highest level. I favor any stimulus to a scholarship program regardless of amount. Disney makes an impact to society with this generous contribution.
families around the globe to the a large number of Disney VoluntEARS hours performed but their cast individuals to the neighbourhood economies they bolster through employment creation, charge income and local suppliers and contractors. Community have 4 parts which are Charitable Giving, VoluntEARS, sharing their expertise and economic Impact. • Charitable Giving The first is Charitable Giving. Walt Disney’s collaborate with local, national and worldwide non-benefit organizations to support programs that promote empathy, protection, creativity and healthy living while they tending to the extraordinary needs in the communities that we as a whole call home.
Two of the Greatest Entrepreneurs A couple of the greatest entrepreneurs of all time are Walt Disney and Oprah Winfrey. Walt was an entrepreneur in the entertainment category while Oprah is in the media category. Walt Disney created some of the first and most known animated characters of all time, such as Mickey Mouse, he also created one of the most known theme parks of all time, Walt Disney World. Oprah Winfrey overcame hard obstacles in her life and now runs one of the most known talk shows of all time, on her talk shows she talks about lots of helpful things, she brings other celebrities on to talk and is a very inspirational speaker.
In Disney’s 2014 production of Maleficent, a vengeful fairy is thought to be a villain and or a hero because she revenges someone that tried to kill her but they could not do it to her just so they could become king so he just took her wings She is more of an hero then a villain. Therefor she had did nothing wrong. She is both because she hurts people and also helps people. She only got mad because king stefan stoll her wings from her.
Disney World, it is known as “the happiest place on Earth”, and with millions of guests visiting and returning every year many wonder how Disney maintains such high levels of customer satisfaction. Although Disney may be known for their castles, cruise ships, hotels and movies, the one thing that sets Disney apart is their special, individualised and unscripted guest interactions, which they like to call “magical experiences”. Disney has created a whole new level of guest interactions which has allowed them to successfully achieve a customer return rate of over 70% (Kinni, 2011). However, with such a big park and so many visitors, how are cast members able to create such a memorable experience? It all comes down to the practical magic.
Walt Disney had an impact on the world through media, science, and animation. When most people think of Walt Disney, they think of the creator of Mickey Mouse and Disneyland. Walt Disney’s impact went way beyond just cartoons and theme parks. Walt Disney was born on December 5, 1901 in Chicago, Illinois. His parents were Elias and Flora Disney.
Businesses benefit greatly by locating themselves in communities with a rich cultural life because it provides them with an additional platform to execute their advertisements. Vibrant art organizations and a rich cultural life attracts a divine group of people that would make great potential customers for the businesses in the surrounding areas. 2. What evidence do you see in this case of the three kinds of corporate philanthropy discussed in this chapter: contributions of cash, in-kind products or services, and employee time?
Cultures are spread through globalisation through knowledge, ideas, clothing, beliefs, values, languages, food and movies. When contact occurs between cultures, all ideas are spread and transferred which has become easier nowadays than in the past because fewer people were to able to travel and experience the rest of the world. Disney, Disney princesses especially, has had a big impact on the spread of cultures from Saudi Arabia 's Aladdin to Germany 's Snow White and the Seven Dwarves to China 's Mulan. Not only has Disney spread the culture of beliefs and values, most children from all around the world who has watched a Disney princess original would be able to identify the traditional dresses such as the Qipao from China in Mulan. Their movies have also given children a way to apprehend various styles of cultures.
Apply the concept of VRIN to analyse its value-creating ability. All resources that an organization has may not have strategic relevance. Only certain resources are capable of being an input to a value creating strategy which put the organization in a position of competitive advantage. Great brand identity gives Disney's parks an edge over its competitors. Applying the concept of VRIN (valuable, rare, inimitable, non-substitutable) on Disneyland theme parks- • Valuable-
Corporate Social Responsibility (CSR) relates to the actions of an organization and the effects on the environment and social wellbeing. It is about the way that the company assesses its actions and takes responsibility for this. (Investopedia, n.d.) CSR is a management concept whereby companies integrate social and environmental issues in their business operations and interactions with stakeholders . The company aims to achieve a balance of economic, environmental and social objectives, while also listening to the needs of stakeholders.
Corporate Social Responsibility (CSR) relates to the actions of an organization and the effects on the environment and social wellbeing. It is about the way that the company assesses its actions and takes responsibility for this. (Investopedia, n.d.) CSR is a management concept whereby companies integrate social and environmental issues in their business operations and interactions with stakeholders. The company aims to achieve a balance of economic, environmental and social objectives, while also listening to the needs of stakeholders.
