Corporate Social Responsibility Policy

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Assess the impact of corporate social responsibility policy on the workplace and the corporate world.
Assess how, and to what extent, corporate social responsibility can be coordinated with an organization’s obligation to maximize profits for its shareholders.
Identify a potential ethical issue at a real-world organization. You may use the organization and issue you used in the first and second assessments.
Assess the ethicality of the organization.
Identify the major stakeholders and their roles and responsibilities regarding the issue.
Assess the potential impact of the organization’s choice to address or not address the issue via corporate policy. Address the financial and legal impacts of this choice on the organization, employees, and other stakeholders. In addition, address the potential impact on the organization’s reputation.

Sample Solution

Companies are progressively escalating corporate citizenship strategies in various ways, notably, advocating women’s rights, protecting the environment, or attempting to obliterate poverty, on local, national, or global levels. From an optics perspective, socially responsible companies project more attractive images to both consumers and shareholders alike, which serve to positively affect their bottom lines (Murphy, 2019). Embracing socially responsible policies goes a long way towards attracting and retaining customers, which is essential to a company’s long-term success. Furthermore, many individuals will gladly pay a premium for goods, knowing that part of the profits will be channeled towards social causes near and dear to them.

Instagram. This has helped brands and bloggers promote products and lifestyles that will appeal to a wide audience and entice customers which not only benefits the brand but also the “business” of the blogger. Social media has had a direct impact on digital labour and consumer culture as it has provided a platform to see what is desired by an audience and what there are gaps in the market for. There has also been a development in body image and how bodies that differentiate from the norm is not scrutinized anymore but is accepted and praised. For women, the stick thin barbie doll body type is not the trend anymore and curvy bodies are more realistic and common in contemporary western society. Social media has provided a feel-good service for society as people feel more accepted and confident for who they are. I will be looking into how much of an impact social media has really had on many different aspects of the fashion industry including body image, marketing, acceptance within society and the rise of bloggers and influencers. I decided to investigate a high-street brand and a high-street, online retailer to see if how they utilised social media differed. The high-end brand I chose was Burberry as they are heavily advertised by celebrities throughout their campaigns. I then chose to research Pretty Little Thing as my high-street brand as they use social media influencers and bloggers to promote their products a lot in their brand. I chose both brands because although their products and consumers may be very different, they still have similarities in the way they work.

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