Monday, June 17, 2019

Samsung's Corporate Social Responsibility Essay

Samsungs Corporate Social Responsibility - Essay ExampleCenter of discussion in this reputation is corporate governance as a set of guidelines, rules, regulations and procedures which help an organization to run smoothly and take care of the stakeholders. These stakeholders include customers, employees, society, government, members, promoters, investors as well as all other members who are directly and indirectly associated with the organization. As a result of the increasing awareness among consumers and society regarding environment, health and safety, organizations have also started considering place back into the society. Thus, the concept and application of corporate social responsibility have evolved. The general objective of Samsungs CSR is to improve the conditions across the globe with the help of its diverse social programs contributing to the environment as well as people. Corporate sustainability includes environmental, economic as well as social performance of the org anization. At present, the order is involved in various CSR activities such as, maintaining harmony among the society, people and environment, green management, social contributions, partner collaborations, integrity management and also, environmentally sustainable services and products. Samsung has been snap on developing the lives of numerous children as a part of its philanthropic umbrella across the globe. The program has supported STEM educational campaigns which are full of life for the workforce needfully of Samsung. The various products which are utilized from the portfolio of the organization are also a relevant example of the numerous ways by which the needs which are expressed by the educator are met. (Samsung, 2013d). b) Partnerships In order to contribute to the communities, Samsung has partnered with various government organizations such as, NEEF (National Environment Education Foundation) and PTA (National PTA). Through the involution with these government agenci es, the brand was assured that real needs of these communities are met with and it is able to impact the social lives in a practical manner (Samsung, 2013c). It also helps the high society to better understand the sensitivities of parents and teachers and execute these programs in an enhanced manner. Also, the

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