The lives of thousands in the company's supply chain need to take precedence over the spending on a single spokesperson.
Second, the value of a reputation for being transparent and trustworthy is far more valuable than any celebrity can provide. A case in point is Gatorade.
Having spent millions on a Tiger Woods endorsement, the company had to retract not only the endorsement but also the product based on his persona. If these funds had been used for funding programs for children in the poverty pockets of the U.S. And globally to get internet access and received better sports equipment, CSR objectives would be attained at long-term change to lives who need the greatest amount of help would be achieved.
Third, Nike and other manufacturers are not being socially responsible when they pay celebrities exorbitant fees for endorsements because they are indirectly condoning their lifestyle. As Charles Barkley famously yelled at the media, "I am not a role model!" (Choi, Berger, 2010) a celebrity since picked up on prostitution charges, Mr. Barkley clearly indicates why endorsements carry exceptional risk with them. The lack of consideration of how their behavior affects the broader CSR goals and objectives of a company needs to be taken into account. The bottom line is that many celebrities could care less about CSR initiatives and programs and have no ideas of the needs of companies long-term to manage their...
Corporate Social Responsibility, Ethics, And Business Law: The Fall of Enron and the Discussion of Morals in Business Ethics in business has continued to be a growing concern in the twenty-first century. In order to protect and attract stakeholders, companies have enforced social responsibility, while law has protected and ensured security to stakeholders through the passing of laws. Despite corporate social responsibility and federal law, individuals in some businesses still find means
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Corporate Social Responsibility Literature Review a topic-Corporate Social Responsibility The term 'corporate social responsibility' is a social word that has often taken the world by a storm at its mention. Noya and Clarence (2007) in their book "The social economy: building inclusive economies" offers a succinct description and understanding of what normally takes place and get exemplified at the mention of this term in the business world. Many writers of business journals
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As social networking became more widespread, facebook opened up more products and increased its users. Job seekers are starting to see the negative effect of posting or private information on facebook as they more and more employers access facebook and use private information of these jobseekers in the hiring process. This aspect has lead to look at Corporate Social Responsibility of implications of Facebook's privacy policy Facebook outlines the following
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