Monday, June 10, 2019
Corporate Social Responsibility (CSR) Report Analysis Research Paper
Corporate Social Responsibility (CSR) Report Analysis - inquiry Paper ExampleIt is knowledge-based and aims at leveraging its core capabilities or skills so that they may broaden the understanding of the global trends in CSR. Hersheys strategy, which is founded on the beau mondes value, is open to changes and foc engages on partnerships that are in alignment with their culture, helps the party in advancing their growing global businesses. Hersheys has also partnered with several companies in the solving issues arising from climate change, resource scarcity and human rights. The companys management has realized there is a need for them to proactively comprehend and address their neighbours issues when doing business with them. Hersheys has also been making noteworthy progress in the achievement of their CSR goals mend building sustain able-bodied platforms for ensuring the companys growth. This has been achieved through and through the foundation of strong beliefs in the companys values and distinct heritage. The fundamental principles that guide the companys CSR strategy to success are founded on talent or resource management and responsible sourcing. In managing the companys CSR strategy, they use talented or experienced teams, an aware or occupied workforce, revitalized business strategies and confectionery products that are world-class. Hersheys has made an impact on seventy countries in Asia, America and South America through the use of effective marketing, sale, distribution along with manufacturing operations. Finally, the companys CSR strategies focus on their marketplaces, the environment, workplaces and the community (The Hershey Company, 2011). B. Brief Summary of the Report, Noting Significant Achievements, Actions and Goals. The report provides information on the companys profile and the strategies of achieving their CSR objectives. It also provides their CSRs towards the marketplaces, environment, workplaces and the community. The report provi des that the companys goals include producing high-quality products or selling them at fair prices and providing work that is meaningful while offering fair wages to their employees. Its other goals include giving back to the communities in their areas of operation and being good stewards of land and the resources obtained from it. The report indicates that the company has been able to launch factories in America, Asia and Latin America to enable them to handle their markets more effectively. They have also achieved success in other operations in the nonmanufacturing vault of heaven by opening up administrative offices in other parts of the globe which include Japan, Singapore, Dubai and the Philippines. The company report stipulates that it has also managed to expand their source for sore materials to countries like Nicaragua, Cameroon, Cote divoire, Indonesia and Jamaica. Its reports indicate that the company has been able to gain their nodes trust and have also increased their research efforts in order to satisfy their customers needs more appropriately. In addition, it indicates that the company has been able to satisfy their employees thereby improving on their productivity while providing suitable returns to the investors. These achievements have in turn enabled Hersheys to closely collaborate with its business partners in finding solutions to the problems that the different
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