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the responsibilities stakeholders have in companies that implement business practices that benefit society such as corporate social responsibility (CSR).

the responsibilities stakeholders have in companies that implement business practices that benefit society such as corporate social responsibility (CSR). MrOoq
Companies responsible for not only its stakeholders or stockholders but also for society. Doesn’t it hears like a “corporate owners are responsible for society”. Because they are the people who make decision of the company. So, It means the stockholders have responsible for social. Moreover, they have responsible for environment. Once we have known it, we have to know how they make decisions, in other hand what are the factors of their decision. First of all and obviously their choice is based on earnings. If they don’t take care on income who cares it? Secondly, they must notice social rating, it will be a self-reliant appraisal of an organization’s social conduction using a standardized rating scale – in terms of the ‘risk of not reaching social mission’ or ‘the likelihood of contributing social value’¹. Nowadays, in business world we often uses the acronym “CSR”. So what is means? CSR stands for corporate social responsibility, which is significant factor of successful company. Also it helps companies to be a conscious of what their impact on aspects of society, involving social, economic and environmental. Doing something for the society is good, but why they need to do these works that spends income, which is their priority. Are they doing it because they really love us? Maybe. Nevertheless, I don’t think so. They do these because it is a chance to advertise the company and products. Moreover, some law requires them to do something for social benefit. Even though these reasons are enough to do something for social prosperity, these are not main reason. It is expected to convince the customers that ‘the company is reliable and responsible’. Alan Greenspan once said “When trust is lost, a nations ability to transact business is palpably undermined”, which implies business is based on trust. Most of companies believe loyal purchasers are less price sensitive. Research shows the more loyal a customer tends to be, the higher customer profitability is obtained². In my vision that is the reason why they striving to be a leader in CSR. CSR not only supposed to gain customers belief but also help company. In business world “Starbucks” is leader in CSR. CSR can build competitive advantage over competitors that Starbucks gain more competitive advantage by engaging in CSR into every part the company. Specially, the corporate concentrates on their suppliers (coffee farmers) and partners (employees) which they have run business as consistently together³. CSR makes employees and employers to feel more connected to the environment and inspire them by showing how they are impacting society, economics etc. That is the secret of why “Starbucks” is leading in CSR while others striving to lead. This paper discussed that the stockholders have responsibilities for social benefit. To conclude the researches show that companies have responsibilities for social benefit and they need to implement business practices such as CSR. Moreover, “Starbucks” example shows us CSR helps company, it increases their income and raises morale. In the other hand stakeholders receiving benefit from CSR.
Companies
responsible
for not
only
its stakeholders or stockholders
but
also
for
society
. Doesn’t it hears like a “corporate owners are
responsible
for
society”
.
Because
they are the
people
who
make
decision of the
company
.
So
, It means the stockholders have
responsible
for
social
.
Moreover
, they have
responsible
for environment.

Once we have known it, we
have to
know how they
make
decisions, in other hand what are the factors of their decision.
First of all
and
obviously
their choice
is based
on earnings. If they don’t take care on income who cares it?
Secondly
, they
must
notice
social
rating, it will be a self-reliant appraisal of an organization’s
social
conduction using a standardized rating scale
in terms of the ‘
risk
of not reaching
social
mission’ or ‘the likelihood of contributing
social
value’¹. Nowadays, in
business
world we
often
uses
the acronym “CSR”.
So
what is means? CSR stands for corporate
social
responsibility, which is significant factor of successful
company
.
Also
it
helps
companies
to be a conscious of what their impact on aspects of
society
, involving
social
, economic and environmental.

Doing something for the
society
is
good
,
but
why they need to do these works that spends income, which is their priority. Are they doing it
because
they
really
love
us? Maybe.
Nevertheless
, I don’t
think
so
. They do these
because
it is a chance to advertise the
company
and products.
Moreover
,
some
law requires them to do something for
social
benefit
.
Even though
these reasons are
enough
to do something for
social
prosperity, these are not main reason. It is
expected
to convince the
customers
that ‘the
company
is reliable and
responsible’
. Alan Greenspan once said “When trust
is lost
, a
nations
ability to transact
business
is
palpably
undermined”, which implies
business
is based
on trust. Most of
companies
believe loyal purchasers are less price sensitive. Research
shows
the more loyal a
customer
tends to be, the higher
customer
profitability is
obtained²
. In my vision
that is
the reason why
they striving
to be a leader in CSR.

CSR not
only
supposed to gain
customers
belief
but
also
help
company
. In
business
world “Starbucks” is leader in CSR. CSR can build competitive advantage over competitors that Starbucks gain more competitive advantage by engaging in CSR into every part the
company
.
Specially
, the corporate concentrates on their suppliers (coffee farmers) and partners (employees) which they have run
business
as
consistently
together³
. CSR
makes
employees and employers to feel more connected to the environment and inspire them by showing how they are impacting
society
, economics etc.
That is
the secret of why “Starbucks” is leading in CSR while others striving to lead.

This paper discussed that the stockholders have responsibilities for
social
benefit
.
To conclude
the researches
show
that
companies
have responsibilities for
social
benefit and
they need to implement
business
practices such as CSR.
Moreover
, “Starbucks” example
shows
us CSR
helps
company
, it increases their income and raises morale. In the other hand stakeholders receiving
benefit
from CSR.
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IELTS essay the responsibilities stakeholders have in companies that implement business practices that benefit society such as corporate social responsibility (CSR).

Essay
  American English
5 paragraphs
500 words
5.5
Overall Band Score
Coherence and Cohesion: 6.0
  • Structure your answers in logical paragraphs
  • ?
    One main idea per paragraph
  • Include an introduction and conclusion
  • Support main points with an explanation and then an example
  • Use cohesive linking words accurately and appropriately
  • Vary your linking phrases using synonyms
Lexical Resource: 5.0
  • Try to vary your vocabulary using accurate synonyms
  • Use less common question specific words that accurately convey meaning
  • Check your work for spelling and word formation mistakes
Grammatical Range: 5.5
  • Use a variety of complex and simple sentences
  • Check your writing for errors
Task Achievement: 6.0
  • Answer all parts of the question
  • ?
    Present relevant ideas
  • Fully explain these ideas
  • Support ideas with relevant, specific examples
Labels Descriptions
  • ?
    Currently is not available
  • Meet the criteria
  • Doesn't meet the criteria
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