1.5 Follow the instruction to write 3000words management essay using the given template.

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Question description

Follow the instruction to write 3000words management essay using the given template.


Please note that assesment1 is what you are going to write.

I have attached all the information needed.

Please go through every detail carefully. The structure of the essay must be same as the given template.

I have attached the lecture noted onto dropbox:https://www.dropbox.com/s/i097qidpqkzrfzv/CSR%20re...

All the work must be original

Turnitin report is required.

Thank you!

MODULE HANDBOOK Contemporary Issues in Management MGT3020M 2018-19 December 18 Contemporary Issues in Management MGT3020M Contents Module Details .................................................................................................................. 3 Contact Details.................................................................................................................. 3 Introduction ....................................................................................................................... 4 Learning Outcomes........................................................................................................... 4 Transferable Skills ............................................................................................................ 4 Principles of Responsible Management Education ........................................................... 5 Module Delivery ................................................................................................................ 7 Contact Time ................................................................................................................. 7 Directed Study ............................................................................................................... 7 Independent Study ........................................................................................................ 7 Assessment Summary ...................................................................................................... 8 Formative Assessments ................................................................................................ 8 Weighted Assessments ................................................................................................. 8 Assessment Criteria ...................................................................................................... 8 Dishonesty and Plagiarism ............................................................................................ 8 Learning Resources ........................................................................................................ 10 Reading ....................................................................................................................... 10 Subject librarians ......................................................................................................... 10 Digital Learning Resources ......................................................................................... 10 Appendix One: Schedule of Activity ................................................................................ 12 Appendix Two: Assessment Criteria Assignment 1......................................................... 13 Appendix Two: Assessment Criteria Two ....................................................................... 13 Appendix Three: Assessment 1 ...................................................................................... 15 Appendix Three: Assessment 2. ..................................................................................... 17 Contemporary Issues in Management MGT3020M Module Details Module Code: MGT3020M Credit Rating: 30 Year: One Subject: Management Pre-requisites: None Co-requisites: None Barred Combinations: None Department: People and Organisations Module Lead: Paula O’Brien Teaching Team: Paula O’Brien, Marie Lawson, April Liu External Examiner: Dr Abbott Contact Details Module Co-ordinator: Seminar Tutors: Admin Support: Paula O’Brien mlawson@lincoln.ac.uk DCB2212 01522 835622 April Liu aliu@lincoln.ac.uk Marie Lawson mlawson@lincoln.ac.uk Natalie Baker and Kim Scott LIBS Reception David Chiddick Building 01522 83 5509 Open: 9am – 4pm Monday - Friday ugadmin-business@lincoln.ac.uk Contemporary Issues in Management MGT3020M Introduction This module provides an opportunity to draw on current research into critical management issues undertaken within the faculty and to introduce students to contemporary topics that are both practically and theoretically relevant. The topics/issues/research under consideration may vary year on year but at the heart of our concerns here is a desire to draw upon foundation and intermediate level study in order to consider the implications that contemporary social theories hold for management practitioners. In this context, the limitations of traditional approaches to management practice will be explored and critiqued. Students will be invited to critique what constitutes ‘good’ business practice as a way of developing their understanding of contemporary business. Students will also be exposed to ‘alternative’ modes of business practice. They will be asked to apply their learning on this module to practical business issues. Learning Outcomes On completion of the module you should be able to demonstrate the following: LO1 Identify contemporary management problems and subject them to rigorous analysis by combining theory and practice in a novel manner LO2 Undertake a reflexive critique of alternative business practices LO3 Identify and evaluate critically the ethical, environmental and social issues involved in corporate action L04 Reflect critically upon the state of contemporary management practice Transferable Skills In addition to the specific learning outcomes detailed above, the module also facilitates the development of a number of transferable skills; these are skills which will contribute to your own personal development as a ‘scholar’, but also in the world of work. These can be identified as: Organisation & Time Management Communication Teamwork – Learning & Adaptability An understanding of commercial awareness alongside an understanding of ethical responsibility Researching and Analysing Problem Solving Contemporary Issues in Management MGT3020M Principles of Responsible Management Education Lincoln International Business School is a member of PRME (Principles of Responsible Management Education) and seeks to engage its students in critical debate about the implications sustainability for the global business community and management practice. To that end this module relates to the following sustainable development goals: As part of the necessity to examine what is meant by the concept of responsible business, all seventeen Sustainable Development Goals are listed here. To learn more about the Sustainable goals, please click here: https://sustainabledevelopment.un.org/ Goal 1: No Poverty - End poverty in all its forms everywhere Goal 2: Zero Hunger - End hunger, achieve food security and improved nutrition and promote sustainable agriculture Goal 3: Good Health - Ensure healthy lives and promote well-being for all at all ages Goal 4: Quality Education - Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all Goal 5: Gender Equality - Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all Goal 6: Water & Sanitation - Ensure availability and sustainable management of water and sanitation for all Goal 7: Energy - Ensure access to affordable, reliable, sustainable and modern energy for all Goal 8: Decent Work & Growth - Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all Contemporary Issues in Management MGT3020M Goal 9: Industry, Innovation & Infrastructure - Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation Goal 10: Reduce Inequality - Reduce inequality within and among countries Goal 11: Sustainable cities - Make cities and human settlements inclusive, safe, resilient and sustainable Goal 12: Responsible Consumption & Production - Ensure sustainable consumption and production patterns Goal 13: Climate Action - Take urgent action to combat climate change and its impacts Goal 14 : Life below Water - Conserve and sustainably use the oceans, seas and marine resources for sustainable development Goal15: Life on Land - Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss Goal 16: Peace - Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels Goal 17: Partnership - Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development The Contemporary Issues in Management module will be underpinned with the Sustainable Development Goals throughout lectures and seminars as part of the emphasis on developing a responsible approach to business and management. Contemporary Issues in Management MGT3020M Module Delivery The module will be delivered by means of lectures and seminars e.g. one lecture and one seminar per week. The schedule of activity is available in Appendix 1. Contact Time The module is taught using a combination of lectures and seminars, some lectures will lend themselves to interactive participation. Seminars will be taught in smaller groups and there is an expectation that students will prepare for these in advance and participate in the activities and discussions. It is important that you respect the views of others during group discussions. Directed Study There is a requirement to work both individually and in small discussion groups on this module. Students are expected to engage with the learning materials provided and students will be directed to do this. Assessment guidelines and seminar tasks have been designed to support students as they prepare for their assessment. Your seminar tutor will also guide you when appropriate. Independent Study It is expected that students will read widely around the lecture notes and complete seminar preparation individually each week. The readings are provided in the lecture/seminar schedule. Your subject librarian is also available to provide any assistance with further reading around a topic or theorist Module Delivery Lectures Seminars . Total Hours 24 24 Contemporary Issues in Management MGT3020M Assessment Summary The module is assessed by an individual assignment [Term 1 – has one individual assignment and Term 2 has 1 assignment] Full assessment details are available in Appendix 2 Essay: 50% Essay 50% Full details of assessments are available in Appendix 3. Formative Assessments Group tasks and individual self-evaluation tasks will be assessed in seminars by means of formative assessment. No grade is given for formative assessment but feedback will be made available to the seminar group or module cohort. Please use this valuable opportunity to gain feedback. Weighted Assessments Assessment One: Essay 50% Assessment Two: Essay 50% Detailed instructions for each of these assignments are also contained on the module’s Blackboard page, under Assignment Guidelines. Assessment Criteria Assessment Criteria Grids will be used to provide feedback on Blackboard and indicate how marks will be allocated, they are included in Appendix 2. LO’s Assessed Assessment Method Weighting (%) Week Due 1 2 3 4 Assessment One 50% Assessment Two 50% x x x x Dishonesty and Plagiarism The University Regulations define plagiarism as ‘the passing off of another person’s thoughts, ideas, writings or images as one’s own. Examples of plagiarism include the unacknowledged use of another person’s material whether in original or summary form. Plagiarism also includes the copying of another student’s work. Plagiarism is a serious offence and is treated by the University as a form of dishonest means in assessment. Students are directed to the University Regulations for details of the procedures and penalties involved. Plagiarism is, however, easily avoided by the full and correct use of referencing. Contemporary Issues in Management MGT3020M When available, always check your ‘similarity’ rating index on Turnitin submissions to ensure you percentage rating is in the ‘green’. Please note however, that such a rating is indicative only and tutors will consider other evidence in assessing the academic integrity of your work. Where there are doubts about your work you may be called in for an interview. Contemporary Issues in Management MGT3020M Learning Resources Reading Other more specific references are provided on the Module Blackboard site and will be signposted in class. You are also expected to read independently for this module and these sources will be available on Blackboard on a weekly basis. This module requires that you follow the Harvard System of referencing. Subject librarians Our Subject Librarians are Martin Osborne and Daren Mansfield. They can assist you to use the catalogue, do subject searches and so on. Contact details are: Martin Osborne’s contact details: Work telephone: (01522) 886316 Email: mosborne@lincoln.ac.uk Room: University Library Daren Mansfield’s contact details: Work telephone: (01522) 886094 Email: dmansfield@lincoln.ac.uk Room: University Library If you cannot find Martin Osborne or Daren Mansfield, any of the subject librarians will help you. Digital Learning Resources In addition to the above it is recommended you make use of the digital learning resources to support your learning on this module: Academic Etiquette Academic Etiquette for International Students Time Management Using Feedback Academic Writing 1: Genres Academic Writing 2: Style Active Listening Contemporary Issues in Management MGT3020M Critical Analysis 1 Developing a Line of Argument Group Work Paraphrasing and Summarising Sources Presentations 1: The Slides Presentations 2: Delivery Harvard Referencing Contemporary Issues in Management MGT3020M Appendix One: Schedule of Seminar and Lecture Activities Week W/C Lecture Topic Seminar Activity Seminar Survival Kit for Students – take photos of whiteboard feedback/world café posters/tutor feedback 1 24/9 Introduction to the module w/c 1 Oct CSR quiz 2 1/10 Rhetoric or Reality 3 8/10 CSR & Critical Thinking w/c 8th Oct World Café style seminar: tutor to provide posters and pens and discussion questions w/c 15th Oct What has Aristotle got to do with the social responsibility of a company? This will help you identify key CSR issues and relevant authors. Completed in pairs/small teams This will help you think more deeply and more critically. Tutor will be providing feedback to students on their efforts. Will help you guide where you need to focus [self-interest and virtues] "the virtue of a man also will be the state of character which makes a man good and which makes him do his work well." p4 https://scholarship.law.edu/cgi/viewcontent.cgi?referer=http://scholar.google.co. uk/&httpsredir=1&article=1642&context=jchlp 4 15/10 Joel Bakan w/c 22nd October Presenting your analysis of your allocated Case Study Company Correlation here between how students analyse and their final grade in a module. This seminar prep can be used in your individual assessment The 2 stories are useful in exploring what values are and why they are important. Thought provoking and you might entirely disagree with each of their stories/ values .builds on from last week’s seminar http://www.hrmagazine.co.uk/article-details/csr-and-itsimpact-on-employee-engagement 5 22/10 CSR and Organisational Culture 1 w/c 29 th Oct Emma & Kate: a couple of graduates and their own personal stories [values] 6 29/10 CSR and Organisational Culture 2 w/c 5th Nov CSR and Employee Engagement: : 7 5/11 Ethical Leadership and Mistrust w/c 12thNov VW Emissions Scandal: is this a cover up? Reputation Management 8 12/11 Stakeholders w/c 18th Nov UN Global Compact : World Café style 9 19/11 The bigger picture TF w/c 25th Nov Stakeholders: why do they matter? Does Mitchell’s model help us manage stakeholders? Does he have the answer? Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of Who and What Really Counts Author(s): Ronald K. Mitchell, Bradley R. Agle, Donna J. Wood Source: The Academy of Management Review, Vol. 22, No. 4 (Oct., 1997), pp. 853-886 10 26/11 Image, Reputation Management & CSR w/c 3rd DecThe Corporation [You Tube video] 11 3/12 Assessment Support w/c 10th Dec Assessment Support 12 10/12 Assessment Support w/c 17th Dec Assessment Support Corporate America and the wrong values Useful for developing critical thinking about CSR & Ethical behaviour [Use assessment template] to identify authors you wish to und Use assessment template to identify reading you have conducted Plenty of web links to this scandal but don’t get lost in the publicity. You need to start with the promises/values shared by VW prior to the scandal going public. Refer to VW website Do we need it? You decide? [helping you to identify your own thoughts about ‘global’ issues] https://www.unglobalcompact.org.uk/sustainabledevelopment-goals-uk-roadshow/ Contemporary Issues in Management MGT3020M Appendix Two: Assessment Criteria Assignment 1 Appendix Two: Criterion reference grid for MGT 3020M Term 2 Individual Assessment Assessment Essay 3000 words or equivalent Learning outcome Identify contemporary management problems and Criterion To understand the relational aspect of storying for Fail (0-35) No real discussion is offered Fail (borderline) Reference is made to the need to. understand organisational Third Class Students makes some attempt to address the question either through the use Lower Second A more sound and confident discussion of storytelling within management practice Upper second A confident and coherent piece of work. First An excellent and confident piece of work that shows a clear marriage of **First** A scholarly and careful study The work itself is representative of the Contemporary Issues in Management MGT3020M subject them to rigorous analysis by combining theory and practice when managing organisational issues and practices Student fails to address the question No attempt is made to build an argument based on the reading undertaken issues, however, the student lacks confidence with the fundamental concept of storytelling in management practice The student fails to demonstrate a clear understanding of the the relational aspect of storying within a given organisational context. The student is unable to develop a discussion on the practical application of storying to management thinking They offer a dictionary definition that shows no clarity of understanding or understanding of the relevance of references used. of application/examples or Providing in part some discussion a description of storytelling in management practice . However, either the discussion lacks accuracy OR they remain technical observations with little reference to management theory or practice To raise a classification grade here students should return to the question, examine the basis of the question and use examples to help make the distinctions that are at the heart of the statement. There is reference to theory and some illustrations of the implications of the theory to questions of management practice. An attempt is made to reference key theorists in a meaningful and appropriate manner but the theory is patchy and/or application is sketchy The discussion of ‘storytelling’ and its contribution to understanding organisations is not convincing and the student relies on the writers views resulting in an imbalance[ the discussion becomes over theoretical and/or over practical. Close attention to the question would have helped here It is clear that the student and appreciates the contribution that ‘storytelling within management practice can make to our understanding of organisations and/or organisational issues. The examples used work well to illustrate the debate that is at the centre of the question and there is a flowing confidence with the material. Relevant theorists on are well identified and well used in support of the discussion and the work is clearly addressing theory and practice The student achieves the right balance between discussion and application. Adequate detail is given to the application to management practice theoretical and practical management issues. Student’s show a sophisticated understanding of the relational aspects of storytelling in a given organisational context and how it aids our understanding of organisational issues Theorists are well cited and a sophisticated analysis by example allows students to demonstrate their understanding of the key theoretical issues. Choices have been made from theory in a knowing manner and there is reference to wider concerns or applications Some evidence of the student’s own personal development in their thinking on storytelling in management practice is demonstrated in their writing issues of ‘storytelling within management practice and there is clear attention to theoretical detail. The work clearly merges theory and practice and raises important questions for managers as reflexive practitioners/storytellers A fantastic study from someone who clearly ‘has got the point’ of the question. Strong evidence of the student’s own reflexivity is demonstrated in their writing Contemporary Issues in Management MGT3020M Appendix Three: Assessment 1 ASSESSMENT OVERVIEW Module Name: Contemporary Issues in Management Module Code: MGT3020M Module Co-ordinator: Dr Paula O’Brien Learning Outcomes Assessed: LO3 Identify and evaluate critically the ethical, environmental and social issues involved in corporate action Type of Assessment: Academic Essay Please choose one of the following essay questions 1.CSR needs to be fully understood in the context of an organisation’s culture. Critically discuss 2. Corporate social responsibility (CSR) has been touted as an effective management tool to strengthen the organizations’ performance through a better image in stakeholder's mind and also because of their responsible behaviour toward society and environment. Critically discuss Length of Assessment: Maximum 3000 words Assessment Weighting: 50% Due Date: January 7th, 2019 All LIBS assignments are due at 12 noon UK time Additional Assessment Information: Please note all written work MUST be submitted via Turnitin and with feedback delivered either by Grademark or Turnitin. The expected date to return grades and feedback is within 15 working days Note: Feedback & grades will be available electronically on blackboard. If you have any specific questions relating to the feedback comments email the module co-ordinator to discuss. DIRECTIONS TO STUDENTS Task Description: Contemporary Issues in Management MGT3020M Students should decide on the question they would like to answer from the essay topics provided in Term 1. Students must evidence that they have used the recommended reading list when drawing on relevant theory. Students must clearly illustrate issues or points with examples that are appropriate. Tutors are able to provide advice more specifically where students are able to complete the assessment template provided by the tutor. Learning Resources which will support this assessment include: Academic Writing 1: Genres Critical Analysis 1 Harvard Referencing These Learning Resources are available via the blackboard module site. Format: Please follow the formatting guidelines: - Font / Size: Arial or Times New Roman / 12 - Spacing / Sides: 1.5 / Single Sided - Pagination required? Yes - Margins: At least 2.54 to left and right and text ‘justified’ - Referencing: Full compliance with Harvard protocols Marking Details: Please see criteria grid attached All work is assessed in line with University of Lincoln Marking and Grading Policy. All marks are provisional on Examination Board decisions (which take place at the end of the Academic Year) Contemporary Issues in Management MGT3020M Appendix Three: Assessment 2. ASSESSMENT OVERVIEW Module Name: Contemporary Issues in Management Module Code: MGT3020M Module Co-ordinator: Dr Paula O’Brien Learning Outcomes Assessed: LO1 Identify contemporary management problems and subject them to rigorous analysis by combining theory and practice LO3 Identify and evaluate critically the ethical, environmental and social issues involved in corporate action LO4 Reflect critically upon the state of contemporary management practice Type of Assessment: Essay Please choose one of the essay questions 1.Effective employee engagement relies on storytelling . Critically discuss 2. To do storytelling justice managers cannot afford to ignore the role of audience, story and storytelling within their own practice. Critically discuss 3. Storytelling is key to effective leadership within contemporary organisations [Denning 2006]. Critically discuss. Length of Assessment: Maximum 3000 words Assessment Weighting: 50% Due Date: 8thMay 2019 All LIBS assignments are due at 12 noon UK time Additional Assessment Information: Please note all written work MUST be submitted via Turnitin and with feedback delivered either by Grademark or Turnitin The expected date to return grades and feedback is within 15 working days Contemporary Issues in Management MGT3020M Note: Feedback & grades will be available electronically on blackboard. If you have any specific questions relating to the feedback comments email the module co-ordinator to discuss. DIRECTIONS TO STUDENTS Task Description: Part One: Decide on your question choice, Identify clearly the choices you are making from the recommended reading and provide a rationale for your choice Consider which organisation [s] you which to use examples to support the claims you will make: Further Guidance: See Blackboard for a comprehensive guidance document and associated website materials Learning Resources which will support this assessment include: Academic Writing 1: Genres Harvard Referencing These Learning Resources are available via the blackboard module site. Format: Please follow to the formatting guidelines: - Font / Size: Arial or Times New Roman / 12 - Spacing / Sides: 1.5 / Single Sided - Pagination required? Yes - Margins: At least 2.54 to left and right and text ‘justified’ - Referencing: Full compliance with Harvard protocols Marking Details: Please see criteria grid attached All work is assessed in line with University of Lincoln Marking and Grading Policy. All marks are provisional on Examination Board decisions (which take place at the end of the Academic Year) Lincoln International Business School University of Lincoln Brayford Wharf East Lincoln, LN6 7TS Tel: +44 (0)1522 886644 Fax: +44 (0)1522 886974 Email: enquiries@lincoln.ac.uk
1.What writers/theorists/authors are you going to use to answer you essay question? Please see some examples Name` Give reason why Because he offers a critique of XYZ Woods 2030 and I can use it to ….. Juda 2020 Bubny 2025 Juda is useful because she questions the relationship between business and society Provides supports the view that the shareholder must be held in highest regard 2. During the module you have been asked to undertake some recommended reading. What’ direct quotes’ are you going to use from those authors? Author’s family name (year:page number) Reason you have chosen this quote 3. What are the purpose of direct quotes in an essay? Please circle To show a definition To show what the model does To show a view of a model To highlight a problem To make comparisons T/F T/F T/F T/F T/F Contemporary Issues in Management – Assessment Template to complete for week 11 or week 12 4. Choosing your examples for your assessment What companies are you going to use? Why have you chosen this company/these companies? What specific example have you selected from that company and how does it relate to the essay question? Explain 5. A common mistake that students make is writing everything they know about a particular company and pay less attention to the example they have selected from the company True/False 6. Another common mistake students makes is failing to refer back to the essay question throughout the essay True/False 7 Critical thinking must be evident in an essay which is graded 60% and above True/False 8. What main points would you like to make about organisational culture and CSR 9. What main points would you like to make about reputation and stakeholders and CSR 10 What organisations have we referred to over the last 12 weeks in this module Contemporary Issues in Management – Assessment Template to complete for week 11 or week 12 Contemporary Issues in Management – Assessment Template to complete for week 11 or week 12 Contemporary Issues in Management – Assessment Template to complete for week 11 or week 12
https://www.huawei.com/en/press-events/annual-report/2014/core-values https://www.youtube.com/watch?v=A4_F1WYaGBg http://www.foreignercn.com/index.php?option=com_content&id=5047:the-five-constantvirtues-of-china&Itemid=114 https://www.google.co.uk/search?q=cultural+iceberg+of+an+organisation&ie=UTF8&oe=UTF-8&hl=en-gb&client=safari#imgrc=y0VX6vRMNahcSM: https://www.youtube.com/watch?v=7AF44YXo1Wg&app=desktop https://www.youtube.com/watch?v=D5auahx76ow&app=desktop https://www.youtube.com/watch?v=6mv5PEAa1Aw https://www.youtube.com/watch?v=HGPb3JHr3PU https://www.hrmagazine.co.uk/article-details/csr-and-its-impact-on-employeeengagement Case Study: Volkswagen's Diesel Emissions Scandal https://doi.org/10.1002/tie.21876 https://insights.ethisphere.com/avoiding-the-bad-apples/ https://www.youtube.com/watch?v=mfMEh4o8Yyk
Assessment Preparation 1. What theorists are you going to use to answer you essay question? Name Woods (1991) Reason for choice This author will show a different view…. Laasch and Conaway ( ) Crane and Matten ( ) Global Compact Initiative ( ) 2. What’ direct quotes’ are you going to use? ‘ Name of author (year:page number) Give reason why Reason 3.What are the purpose of quotes? Give reason To highlight a problem T/F To make comparisons Dr Paula O’Brien [Type here] [Type here] 4.Choosing your company [be careful here] What company are you going to use? Why have you chosen this company? And how familiar are you with it? Can you create What specific example are you using from that company and how does it relate to the company? Explain why? hypothetical situations within the company Scenario building used to demonstrate understanding eg ethical leadership may llok like this..... 5.How are you going to demonstrate critical thinking? Where Dr Paula O’Brien How [Type here] [Type here]

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AntiqueTutorNatal
School: UCLA

Attached.

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Body
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Reference


Course title
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2
CORPORATE SOCIAL RESPONSIBILITIES
Originally, organizations all over the world concentrated on ways to improve profit and
company development. It was very clear what an organization was working towards because all
the practices were profit oriented. The main focus of the organizations was an advancement of
the primacy of the stakeholders. The introduction of corporate social responsibilities has
promoted profit maximization by utilizing means that can benefit the customers, employees, the
government and the society at large. Corporate social responsibility (CSR) can be defined as an
organization's economic, legal moral, environmental and social responsibilities. Corporate social
responsibilities are practices that are used to encourage growth in society and provide
development as well as do away with other practices that may affect the public. CSR can also be
a competitive advantage of an organization since organizations are expected to operate ethically
in society and the incorporation of corporate social responsibilities can be a drive towards ethical
practices (Petrenko, Aime, Ridge & Hill, 2015). This paper discusses corporate social
responsibility (CSR) as a management tool and the critically analyzed way in which CSR can be
used to strengthen the performance of organizations.
Corporate social responsibility enables organizations to take part in the development of
the country's economy while improving the quality of life of the employees and their families.
Corporate social responsibility has three principals which explain its functionality within
organizations; including sustainability, accountability, and transparency.
Sustainability is the measure of the impacts the practices have the future of the
organization and those around it. This principal concentrates of resource management especially
the non-renewable resources like coal. The usage of the resources by the organization is
measured in accordance with the rate at which they are produced (Petrenko, Aime, Ridge & Hill,
2015). CSR manages sustainability is a way that it encourages the faster generation of important
resources. In other words, the rate of generation of the resources should be higher than the rate at
which they are being consumed. The main focus of the principal is to reduce the production cost
of the resources since the depletion of the resources tends to increase the production cost because
of the urgency.

3
Accountability is the ability of an organization to identify with its effects on the
environment. This principle deals with the aspect of responsibility is such a way that the
organization recognizes how its actions affect the community and take part in the rectification of
the actions (Ling & Sultana, 2015). The organization takes full responsibility for its actions and
provides a plan that can compensate the affected parties as well as change the actions for the
better. Development of different measures and practices is essential because it ensures that the
negative effects are illuminated. This aspect defines an organization as a part of a wider societal
network which connects to several aspects and has control over the entire network rather than
just the owners of the organization. The aspect aims at understanding all the parties concerned,
defining the relevance of the information provided to the users and the accuracy of the measures
of the impacts.
The last principal of CSR is transparency which refers to the extent to which an
organization's report identifies and reveals the impacts of its actions. This principle focuses on
the ability of the organization to provide precise information on the reports and not disguise the
level of impacts of its actions. Transparency can be seen as a part of responsibility recognition of
the organization on the external impacts of the actions and the process of transferring the power
to the external stakeholders such as the customers and the community at large.
Corporate social responsibility has become prominent in the current world due to a lot of
factors; for instance, unfair treatment of employees, poor business behavior towards customers
and ignoring the surrounding environment and consequences of the actions of the organization
(Ling & Sultana, 2015). The main concern of organizations is the ethical policies ...

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